The Capitalists are starting to get it

[blanc]

What are the ways out of an artificially engineered housing crisis? Legislation to make it very difficult to evict people from their homes when loans go bad? Tax disincentives to the holding of swathes of residential property by individuals?
Compulsory purchase and building of sufficient housing stock to provide social housing? Legislation to either forbid the foreign ownership of property, limit the value of such property which can be held, or make a tax disincentive?

[tazmic]

A new world focusing less on unlimited consumption, more on personal happiness. These policies may not be fashionable in today’s world. But in the post-crash New World, economic theory will change, because growth economics no longer works and the survival of civilization demands a fundamental rethinking of economic theory. So these 20 tips will be gold mines for savvy investors, entrepreneurs and financiers.

Does that even make sense?

rotflmfao PersonalHappiness™ IS a gold mine 4 savvy investors!! FACT!!1!!!!

So no change then? Just trying to find some consistency in the OP.

"global economic boom coming, but unfortunately, that boom comes only after a systemic collapse of the global economy, markets and capitalism"

I don't see any.

"Only then, a path to reform, recovery, a new boom."

What is an economic boom after the systemic collapse of capitalism?

According to the video SLAD posted, the "planned economic re-engineering" is not a controlled demolition of the world economy, it's the re-engineering of local economies in the interests of corporate capitalism, as per usual, which we no longer like now the MIC has come home to roost. As someone said 'economic collapse is being forced to live the lifestyle of the people who grow your coffee'. I don't see any systemic collapse there. Although I do see the business as usual boom for those who like exploiting coffee growers.

"that is the coded message in many recent warnings from environmental economists who finally realize that nothing will wake up the public."

Sounds like the environmental economists need waking up. All I see is propaganda designed to acclimatise people to what is planned for them.

"One thing they are saying is that people will have to live simpler lifestyles but that things will get much better in the long run."

[Plutonia]

Warren Buffett Bails Out the Evil Empire Bank of America
By DJ Pangburn Thursday, August 25, 2011

Forget a government bailout of Bank of America—Warren Buffett is its white knight and the enabler of America’s status quo.


For some reason, Americans trust me.


There has been concern in some corridors of Wall Street that Bank of America doesn’t have sufficient capital and its shares responded by plummeting. Bank of America swore that nothing was wrong but whispers of a bailout were beginning to swell. The bailout did not come (so far) from the government, but from Warren Buffett.

We’ve long been opposed to Bank of America here at Death and Taxes for the nature of their business practices: predatory overdraft fee policies, predatory and fraudulent mortgage activity, investing in the mercenary army Blackwater (now Xe), new account policies to replace lost overdraft fee revenue and employing intelligence firms to investigate WikiLeaks as though they were the CIA.

(For more information on Bank of America’s shenanigans, read “4 Reasons to Close Your Bank of America Account”)

And as BofA’s stocks tumbled, we rejoiced and beseeched the U.S. government to let it fail.

Warren Buffett, however, doesn’t seem intent on letting such an outcome happen. The octogenarian multi-billionaire has stepped in with a $5 billion investment. As Reuters notes, Buffett also stepped in with General Motors and Goldman Sachs at the last minute following the financial carnage of 2008.

The result: BofA shares rose 15 percent to $8.03 in early trading.

Given all of BofA and Goldman Sachs’ questionable business practices (particularly in the realm of mortgages), we might say that Buffett had an ethical bypass at birth along with Gordon Gekko, and he attempts to atone for these sins by educating Americans about the unfair tax system.

Hidden behind that friendly, grandfatherly demeanor, however, is a ruthless disciple of money and order—a built-in public relations automaton whose true aim is to diffuse the class warfare bubbling below the crumbling veneer of the American Dream.

Indeed, Warren Buffett is the enabler of the status quo and should be recognized as such.

http://www.deathandtaxesmag.com/135283/ ... f-america/

[Marie Laveau]

Indeed, Warren Buffett is the enabler of the status quo and should be recognized as such.

Was there ever any question about this?

Just playin' the part assigned to him is all.