Wall Street & Congress: Lack of planning on your part does not constitute an emergency on my part.
I know I am going to get screwed with the economy, bailout or not: my 401k will lose value, my taxes will go up, my consumer debt interest rate will rise. So why should I support the bailout? With or without it, my American Dream gets screwed, again.
Eliminate the Middle Class
Bush & Co. has been setting the economy on a track to make the wealthy wealthier, the poor poorer and mess with the middle class so that most start falling on the side of poor or struggling. When you are struggling to make ends meet, you can’t be very politically active. You can’t keep an eye on abuses of power, corruption of the constitution, or general vague smarminess. When the general public and their kids are not well-educated, the government has even more power to grab power, insinuate control, and act as traitors under the guise of patriotism. No child left behind in getting an education that’s worse than their parents and grandparents with the real objective.
Predictable, Inevitable Comparison to Nazi Germany
I’ve used Goering war quote before, edited to make it apply to all leadership circumstances:
…[I]t is the leaders of the country who determine the policy and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the peacemakers [opposition] for lack of patriotism and exposing the country to danger. It works the same in any country.
–Goering at the Nuremberg Trials
Bush & Co. are waging war on several fronts, most of them on the home front: education, economy, social. (I can’t believe people were stupid enough to re-elect him…)
Back to the Bailout
I’m not voting for anyone who did not vote on it or voted for it. I know they think they are compromising, but this is not a time for compromise. It’s a time for leadership.
The problem is: nobody knows what they are doing. We are in new territory. The experts don’t seem willing to admit that they are just guessing; doing what’s been done before, what’s been perceived to have worked in the past. I have to question, given the situation we are in, if what has been done in the past has indeed worked. Seems to the that it’s gotten us to where we are today.
History is also repeating itself in the presentation of this as a financial meltdown that needs to be rushed through: crisis management. Bush already got us on that one. He’s cried Wolf! too many times.
We have an unsustainable economy. There, it’s been said. We need to pour money, not into a fix, but into a restructuring.
I hope the upcoming elections reflect the power of the people to overthrow the people in government, and therefore the worst parts of the government and its ties to big business.
Better Reading than Here
Here’s a great Progressive post: Turning a Wall Street Giveaway Into an Economic Rescue for All Americans