Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

BillyRibs

(787 posts)
Tue Oct 8, 2013, 11:59 AM Oct 2013

What we are Witnessing with the shut down is

A civil war between the 1%. The Old Money wealthy steeped in Property, Vs. the New money Cash rich and invested in stocks and bonds. Looking at it this way will tell you why the GOP is split. The Koch's and the old money is Loving the shutdown. Yes they will lose (Thank You) a bit in the beginning of a collapse, but will reap billions afterwards. The Bankers are land poor and cash and stock rich will have much to lose and will be swan diving from the roof of their banks if the dollar goes kaput!

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
What we are Witnessing with the shut down is (Original Post) BillyRibs Oct 2013 OP
Interesting point 2naSalit Oct 2013 #1
It's 'lose'. louis-t Oct 2013 #2
A lot of the American Old money really despise the Koch's and many of those like him. LiberalArkie Oct 2013 #3
It's Just a thought, BillyRibs Oct 2013 #4
Exactly gopiscrap Oct 2013 #5
No, I think it's the break-up of the Reagan coalition jeff47 Oct 2013 #6

2naSalit

(92,859 posts)
1. Interesting point
Tue Oct 8, 2013, 12:05 PM
Oct 2013

The brothers intend to own it all eventually, if only they would fall victim to their ways...

jeff47

(26,549 posts)
6. No, I think it's the break-up of the Reagan coalition
Tue Oct 8, 2013, 01:03 PM
Oct 2013

Reagan brought together the economic conservatives and the social conservatives. The economic conservatives supplied the campaign cash, and the social conservatives supplied the foot soldiers.

Back in Reagan's day, the economic conservatives were in full control. There was the occasional bone for the social conservatives, but the rich ran the show. As time passed, the economic conservatives had to give a little more and a little more to the social conservatives. But it was stable, and the economic conservatives could actually govern.

That changed in 1995. Gingrich and co were swept into power by the social conservatives. And they reversed this formula. Now the social conservatives were running the show, but they gave the economic conservatives lots of goodies to keep them in line.

Well, the trend continued. Over 20 years, the economic conservatives got a little less and a little less. Until we arrive where we are today: The economic conservatives get virtually nothing, while the social conservatives get everything.

Most "Old money" are economic conservatives. They don't give a damn about abortion, they just want to pay no taxes.

The Koch brothers? They aren't economic conservatives. They're social conservatives who happen to be rich.

Latest Discussions»Issue Forums»Congress»What we are Witnessing wi...