1.AMERICA IS NOT THE HEARTLAND OF CAPITALISM.
If it were true the financial failure of AIG, General Motors, and others in the same predicament would be resolved by the laws of bankruptcy. They apply to everyone else.
Arguments against doing so (the ‘too big to fail’ excuse) prove that there is a lack of competition in the marketplace, a cornerstone of the “American” way, and a linchpin of capitalism.
2.THE FABULOUSLY WEALTHY PROSPER ON THE BACKS OF THE PUBLIC.
This comes at a time when that same public are being asked to save the ‘system’ the rich promote as the salvation of the poor. (“You, too, can get rich.”)
The bailouts and the non-stop printing of money to reward THE RICH who failed are setting all of us up for another parasite known as inflation.
In this case Saving is for Suckers becomes a reality, not just the title of a book.
3.TAX THE POOR AND MIDDLE CLASS AND GIVE TO THE RICH
The redistribution of income is continuing on a massive scale begun during the Reagan years. The income inequality gap between rich and poor has been widening for years and economic mobility has been declining.
Executives with Wall Street and Fortune 500 experience move seamlessly between senior government positions and their private enterprise management thrones and directorships. They rule with the support of the 42,000 lobbyists registered in Washington.
The corporate/industrial/military complex is in control of the budget. The business of America is Corporate Socialism.
CONCLUSION
The rich should be getting worried. America is the most heavily armed nation on the planet and I’m sensing that the natives are getting restless.
Copyright 2009 William M. MacKay
[ add comment ] ( 3 views ) | permalink |
( 3 / 161 )
Calendar
