The most infamous distillation of this tendency comes of course from Andrew Mellon. www.goodreads.com/quotes/11687... - ThreadSky

chrislhayes.bsky.social • 17 days ago

The most infamous distillation of this tendency comes of course from Andrew Mellon.

https://www.goodreads.com/quotes/11687514-liquidate-labor-liquidate-stocks-liquidate-farmers-liquidate-real-estate-it

Comments

caravellin.bsky.social•17 days ago

"Liquidate labor liquidate stocks liquidate farmers liquidate real estate"

Sounds like this song
https://youtu.be/NwWcgD23MVg ("Ban this song" by #moonwalkerband)

mtt88h.bsky.social•17 days ago

Isn't Argentina going this path of recession?

mdelsanter.bsky.social•17 days ago

Crazy scary

jonathanbchait.bsky.social•17 days ago

That is a response to recessions, not a desire to engineer one out of a growing economy

sonofmrmopps.bsky.social•17 days ago

Chait is once again reminding us that he doesn't understand power or incentives.

skiskinnyskis.bsky.social•17 days ago

You love licking Elmo's balls don't you, Chait? How pathetic and worthless are you?

codycafe.bsky.social•17 days ago

I am thinking of starting a “DOGE BLOCK”. I don’t know how to organize this but DC’rs figure out what building DOGE is going to and form a physical barrier.

How do I do this?

codhisattva.bsky.social•17 days ago

It seems like you just move to DC and pick any building. Wait a bit. And there they are.

jmwarren.bsky.social•17 days ago

How did that work out?

irish-pawpaw.bsky.social•17 days ago

Billionaires had enough money set aside to buy all the cheap stocks that are hitting the market, the rest of us, still trying to afford eggs

ctryoverparty123.bsky.social•17 days ago

THIS IS OUR SELMA! Elected Democrats are asking We the People display our outrage by asking us to protest & put ourselves in the path of danger. THEY MUST WALK THE WALK, NOT TALK THE TALK. This is the time! Elected Democrats and Independents must be brave. WALK THIS BRIDGE WITH US!!!!!!

rocketmansparty.bsky.social•17 days ago

We will soon have to defend our democracy in the streets. Our enemy, Trump, Musk, Koch, don't play by the rules set in laws.

They must be destroyed by our own hands ---- unless you like being a slave.

The courts will fail to contain Trump because he will not honor the law.

numb3r5ev3n.bsky.social•16 days ago

"It will purge the rottenness out of the system" = "All the people I hate will starve or be forced to relocate."

biggfredd.bsky.social•17 days ago

Please, please, pretty please post the segment you did tonight, 3/6, about Dumb Donald's meme scheme and him cashing out in China.

You warned us that he was going to back up a brinks truck to the People's House. You warned us!!

kirbyslane.bsky.social•17 days ago

Social Darwinism is alive in the Trump regime.

cobe1020.bsky.social•17 days ago

Chris, are you watching Zero Day?

ghall1958.bsky.social•17 days ago

During the 2008 recession recall all the GOP Senators that, like Mellon, wanted to liquidate the U.S. Auto industry. Obama appointed a
Master to keep the auto industry viable. Privatization is just ahead. It's a form of liquidationism.

kitforkat.com•17 days ago

Hitler and Nazis saw people who lived on welfare as undeserving of care; this and dismantling USAID is modern day eugenics

wildhack.bsky.social•17 days ago

Wealth transfers at national or global scale require shenanigans to facilitate the theft.

obliqueirony.bsky.social•17 days ago

Huh. On one hand, can definitely see “more moral life” being a lodestar for the Opus Dei freaks of Heritage/Claremont.
On the other, really hard to see Trump & Tech Bros being the antidote to societal decadence.

dermotgrady.bsky.social•17 days ago

Just missing “Arbeit macht frei”

steveknapp.bsky.social•17 days ago

True this. People act desperately when they are desperate.

harrybeary.bsky.social•17 days ago

https://bsky.app/profile/harrybeary.bsky.social/post/3ljr5hvi4pk2y

slothropsmap.bsky.social•17 days ago

Elon sounds exactly like Mellon.

davisty.bsky.social•17 days ago

Elon does have a melon head.

chelleld16.bsky.social•17 days ago

And then there was Timothy Mellon’s millions to Trump https://www.opensecrets.org/news/2024/08/heir-to-andrew-mellons-fortune-spends-over-165-million-to-support-trumps-reelection/

chelleld16.bsky.social•17 days ago

💯

grubdipper.bsky.social•17 days ago

Mellon Ussk

curmudgeon67.bsky.social•17 days ago

Yup - very easy to advocate liquidation when it has no effect on you

christinex.bsky.social•17 days ago

But… you can slurp up ALL the resources for pennies. Win win for monied. Lose for public. (Oh! Another win for monied. )

georgiabluedevil.bsky.social•17 days ago

Because the rich are your betters. You immoral, high life living, incompetent poors.

Christ. What an asshole he was.

ubermenchies.bsky.social•17 days ago

Shades of the collapse of the Soviet Union. Musk sees what Russian oligarchs were able to suck up and wants to create that situation so he can do the same thing they did.

flyingjay.bsky.social•17 days ago

Ahaha... sh*t....

peril2k.bsky.social•17 days ago

solosojourner.bsky.social•17 days ago

Why are we trying to rationalize or understand 47's economic policies? He bankrupted casinos, ran a fraudulent real estate business, a fraudulent university, and a fraudulent charity. Oh, and he has a degree from the Wharton School of Business.

#FAFO

suford.bsky.social•17 days ago

And after all that, he's a billionaire president. We should all be made to understand, but NEVER rationalize, that trump made by scamming the working class.

lordblandings.bsky.social•17 days ago

I have a feeling that a lot of Americans have no idea how bad it got in 1932. There were “Hoovervilles” in Central Park, ordinary “middle class” people stood on bread lines and soup lines, and, in some places, people starved to death. Only a monster would want us ever to experience that again.

comen-tator.bsky.social•17 days ago

Recession will drive people out of their homes and off of their property and make it possible for the top 1% to be able to buy up everything for pennies and turn all of the common citizens into indentured servants and 'sharecroppers' so that their souls 'belong to the company store'!

tulipsmomala.bsky.social•17 days ago

Sounds about right

jenniferkj.bsky.social•17 days ago

Chris, I’m watching your show right now and just saw the Kristi Noem propaganda commercial. WTH?

jazzminmin.bsky.social•17 days ago

I love the offer to leave on your own, and maybe you can come back someday. Yeah, as a Russian soldier.

jenniferkj.bsky.social•17 days ago

I just saw it again!! I’m in PG County, MD. Why is this playing during your show?!?

domainophile.bsky.social•17 days ago

the rottenness in the system is, of course, them

goobyooh.bsky.social•17 days ago

Old ideas in new times.

kdjs-1.bsky.social•17 days ago

another vulture capitalist transfer of wealth to the already wealthy...
its theft - criminal - evil 👿

markitoresists.bsky.social•17 days ago

Reminder to everyone to email Rebecca kutler daily and tell her to bring back Joy Reid

markitoresists.bsky.social•17 days ago

Chris I love you and @wagnertonight.msnbc.com
I miss you, Alex. Please continue to have her on your show so we can see her.
I miss @joyannreid.bsky.social so much I cry every night at 7:00 p.m.

rocketmansparty.bsky.social•17 days ago

The world Chuck Koch has planned for us:

https://www.youtube.com/watch?v=jz_GckHujqs

rocketmansparty.bsky.social•17 days ago

Andrew Mellon pitched trickle-down economics under two presidents: Coolidge & Hoover. This helped give us the Great Depression.

ing1126.bsky.social•17 days ago

They came then buy thongs and get cheap labor, right?

liannewildlife.bsky.social•17 days ago

📌

clancyny.bsky.social•17 days ago

As noted by @paulkrugman.substack.com.web.brid.gy in 2011.

bellyup50.bsky.social•17 days ago

What he means is that rich people will swoop in & buy up stocks, homes, land, etc., at rock bottom prices while workers lose their life savings & then the rich will sell/rent at premium $ while we are in bread lines & homeless.

domainophile.bsky.social•17 days ago

yes but think how good a handful of billionaires will get to feel about themselves when they own everything

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