Michelle Bachmann: "US turning into banana republic" (She doesn't know she's right.)

[DetlefK]

http://www.politico.com/news/stories/1111/67559.html

She said, that the US is turning into a banana republic. And she is totally right.

What does the term "banana republic" mean?

Let's look back at the Cold War. The US had a habit of meddling with the governments of Central and South America. Those were countries with huge agricultural possibilities, where a fortune could be made with fruits, sugar, tobacco...

But what if such a country's government happened to get in the way of profits? Let's say because of unions, trading- and workplace-regulations, rule of law...
Easy solution: The company called the CIA and the US military and told them, those guys standing in the way of their profit were actually Commies.
The CIA deposed of the government (not all democracies are created equal) and installed a dictator, the company got its way and everybody was happy (peasants don't count).
And because these countries often exported bananas, those corruption-ridden US-installed dictator-ships were called "banana republics".




Let's recap: Corporations use political connections and illegal means to increase their profits, while at the same time intentionally hurting the rights of the population of said country.

Sound familiar?

[ProSense]

1. She also doesn't know

“Some who are currently a part of Occupy Wall Street believe that the problem that we’re facing today is capitalism and that the problem today are free markets. It’s not,” Bachmann said over the noon hour during a speech in Ames, at Iowa State University. “The problem is government doing what both the constitution and decent morality prohibit and that is crony capitalism or forcefully taking your money away from you for the purpose of paying off a politician’s political friends.”

...that she's a fool!

[KansDem]

2. She should know. Michele is a" banana Republican"

Hellbent on making the US into a third-world nation...