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jwirr

(39,215 posts)
Mon Mar 3, 2014, 10:26 AM Mar 2014

Did anyone watch the History Channel2 The Men Who Built America? My daughter was watching it

when I visited her and it was downright scary. So similar to today. If that show is repeating itself then we are either already in a depression or heading for one.

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dem in texas

(2,674 posts)
1. Yes, Great Series - So like what is happening now
Mon Mar 3, 2014, 10:39 AM
Mar 2014

I have seen this series before and it is a good one. I had heard about the Robber Barons, and this show explains what they did to the working man.

diabeticman

(3,121 posts)
2. WE are in one but no one wants to say it. It seems they think if they don't (Fed Chair etc) say the
Mon Mar 3, 2014, 10:39 AM
Mar 2014

D word than they don't have to face it.

jwirr

(39,215 posts)
3. When I was in college there was a book called The Robber Barons. Worth reading. I would have
Mon Mar 3, 2014, 10:52 AM
Mar 2014

entitled the Series "The Men Who Built America on the Backs of the Workers". The section on the mines in NE MN and the big boys who got rich was very interesting to me because I live in this area and knew many people who either worked to build the Union or got screwed in one way or the other by the Barons. Rockefeller pushed one branch of my family out of the railroad business.

The workers then fought back and built the Union. We need to rebuild it around the jobs we have now and protect the middle class. Or we are going to be that third world country who used to lead the world.

It is also interesting that the robber barons are still with us. The names were so familiar.

Brigid

(17,621 posts)
4. I've seen it many times now.
Mon Mar 3, 2014, 10:52 AM
Mar 2014

And I hope that multiple murderer Henry Frick is burning in the lowest circle of hell right now. But I digress. Yes, the similarities between now and then are scary. Did your daughter notice too?

jwirr

(39,215 posts)
5. I asked her and she smiled and said "What comes around goes around." She is Union so I would
Mon Mar 3, 2014, 10:55 AM
Mar 2014

guess she has learned the same thing from her newsletters.

MrScorpio

(73,631 posts)
6. Those who fail to learn from history are doomed to repeat it.
Mon Mar 3, 2014, 10:55 AM
Mar 2014

Not my own words, of course. But very wise words indeed.

Xolodno

(6,395 posts)
9. One major difference.....
Mon Mar 3, 2014, 10:19 PM
Mar 2014

...the Barons then actually built something and employed labor....whereas now....its Barons manipulating the "markets". You could argue its worse now....in the past they could rally against someone. Now....how do you fight against faceless shareholders...of which you might be a part of with your 401k? Feel screwed yet?

jwirr

(39,215 posts)
12. I agree with you completely. One of my biggest frustrations is how do we combat these descendants
Tue Mar 4, 2014, 10:31 AM
Mar 2014

of the robber barons? We do not know them, they do not have any rules they live by, they reject any type of authority higher than themselves and we are late to their game because we trusted them enough to not see what was happening.

Much worse today.

 

VScott

(774 posts)
11. With one big exception.
Mon Mar 3, 2014, 10:31 PM
Mar 2014

I have no idea how close to fact MWBA is, but with the exception of J.P Morgan, all the others started out in poverty and amassed their wealth through their own ingenuity and hard work.

And to their credit, a few became generous philanthropists later in life.

I'm not saying that they were never greedy, power hungry assholes, but they're a far cry from the .001% we have now a days.

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