Wednesday, October 5, 2011
Crooks and Cheaters AKA Financial Industry
From Jim: Don't you just love the Wall Street gang? They destroy the economy by playing fast and loose, then get bailed out with our money because they're too big to fail. They then ship our bail-out money off shore cause they're nervous about the economy they screwed up. And never mind the poor guy with the upsidedown mortgage created by foreclosures being dumped on the market and no bail-outs because of the sanctity of the contract. Their contracts weren't so sacred, that's why they could get our tax dollars and pay themselves huge bonuses. Occupy Wall Street is, in my opinion, just the very beginning of the social unrest that will come from the revolt of the middle class. The Republican party can only sell so much of their ideology to the masses. Their moneyed interests will not sustain them against an ever increasing resentment of the abuses of the super-rich. Class warfare, maybe, but the fat cats started it. I remember very well the turmoil of the 60's and the transformational social change that spun out of the disenchantment of the antiwar movement. The mainstream moved the river banks-a social meander plain is once again in front of us. With the 19 to 28 year olds bearing the brunt of this economic bust, and the old vested interests hanging on their "America", I say LOOK OUT! We have grown schismatic in our polarity. There is no viable middle ground to meet on. Politics is now defined by high contrast social and moral issues which disallow compromise and gridlock is the order of the day. LOOK OUT! Our racial divides are now canyonesque! We have a volatile issue with immigration and the citizen offspring of undocumented folks. We have a dependence on foreign oil which drives our foreign policy. We have asymmetrical wars and wars of fanatical theology. The Wahhabi Moslems and the Fundamentalist Christians are not going to make nice! Terrorism is the act of desperate people with the belief they have nothing to lose. LOOK OUT! If you are optimistic about the future of this republic, you're either misinformed, uninformed, or deluded. The trends are not forward leaning in the least.
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