by Bruce David
Editorial Director Hustler
They are destroying our country. Who, you ask? Wall Street, the multi-national corporations, the oligarchs. We’re watching it happen right before our eyes and yet we barely comprehend what we are seeing. Our country is being looted. The Wall Street bailout is a perfect example. Seven hundred billion dollars of our tax money is going to pay the very people who caused our financial crisis while their corporate CEOs and CFOs continue to get their huge bonus’s and their share holders continue to collect their dividends. But it’s even worse than that.
Did you know that Goldman Sachs, which got ten billion dollars in debt guarantees from our government in October, made 2.3 billion in profit this past year, according to Bloomberg.com? Shouldn’t all that profit go back to the American people? Apparently our government is only getting back 1 percent of it, since the rest of that money is hidden in off shore accounts and countries with lower taxes. Wouldn't you love to be taxed on only 1 percent of your income? But, of course, only the fat cats — i.e., the crooks who run this country — get away with that kind of bullshit.
Then there’s Senator Robert Corker (R-TN), the guy who torpedoed the Detroit auto loans. He blamed the unions for the auto manufacturers mess, arguing that Detroit’s unions should give back some of the gains they’ve made over the last sixty years. Of course, the unions have already made concession after concession. We’re only a few more give backs away from seeing the destruction of all unions in this country. (When Reagan took office, approximately 25 percent of America's jobs were unionized, today it's 7 percent.) And that’s exactly what the GOP wants; a corporate America unconstrained by organized labor, able to pay as little as they want, no matter what conditions laborers are forced to endure.
The real corker -- if you will -- about the Senator’s position is that he supported the $250,000 per job (of taxpayer money) Nissan received to build a plant in Tennessee yet he voted against the Detroit bailout knowing it would only amount to $5000 per job. The latter would (hopefully) save America’s manufacturing base while the Nissan bonanza rewards Japan. In essence, Corker's position is un-American.
Now, as that piece of shit George W. Bush leaves office, he is issuing a bunch of “rules” which include granting immunity to drug companies (so you can’t sue them when your child dies because of their negligence) and railroad companies (should a train carrying toxic waste tip over onto your house). Bush has even been so bold as to issue a rule saying it’s okay if a Wall Street broker sells you something without disclosing a conflict of interest. He is, in effect, legalizing corporate crime.
The net result of all this: You and I have less money, our corporate masters have more. Or, pretty soon, the way things are going, they will have it all.
Stand up America! If you don’t fight now -- if you count on Obama to save us while you sit on the couch watching American Idol -- you deserve what you get. Unfortunately, you’ll take me down with you.
PS: For more on Bush’s rule changes go to: http://oklahomacity.injuryboard.com/fda-and-prescription-drugs/wall-street-journal-bush-rule-changes-could-block-productsafety-suits.aspx?googleid=249438
PPS: Fuck Albert Reinoso
1 comment:
I think I know what you're hinting at but won't say it outright. I can add, however, something told to me over 12 years ago when I took an early buyout from a company. I was being interviewed by the head of a very small software company who had been born in India. He came here and became a citizen.
We were talking about the state of things and the decline of the middle class when he said "You know something Raoul? If this was done to the middle class in my country, there would be blood in the streets. Do you understand what I'm saying?"
I told him I did but that most people here are too complacent.
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