Yes, this is political, and so it is controversial and not particularly pleasant. But I believe that we are on the brink of changes that could forever alter the very nature of our democracy and government.
So we pause at this pivotal moment in history, to reflect on the choices now before us, and how what we choose will determine how we are remembered as ancestors. Consider this a loving wake-up call.
Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken.
Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies — who must soon vacate the White House — are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.
No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich. Just read the first four paragraphs of the lead story in last Monday’s New York Times and you can see what the real deal is:
“Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
“At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.
“Nobody wants to be left out of Treasury’s proposal to buy up bad assets of financial institutions.”
Unbelievable. Wall Street and its backers created this mess and now they are going to clean up like bandits. Even Rudy Giuliani is lobbying for his firm to be hired (and paid) to “consult” in the bailout.
The problem is, nobody truly knows what this “collapse” is all about. Even Treasury Secretary Paulson admitted he doesn’t know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can’t figure it out nor can he explain it to anyone.
And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!
Falling for whom? NOTHING in this “bailout” package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance…
You can read more of Michael’s analysis, and suggestions for how to take action here. Let me make clear that I believe action is needed, and that I do not support doing nothing. But the response we’ve seen so far is sadly lacking, and as I have stated – has no teeth, no power whatsoever to fix what is broken. It just pours more money into the chaos. Our money.
Meantime, get a snack, turn off the phone for a little while (yes, it’s long, but worth it), and join me for an interesting history lesson that may give a little bit clearer context to what is happening. And why, as painful as it will be while they follow through on their threats, we absolutely must fight the passage of this bill as it now stands.
From the film, Zeitgeist the Movie – Part 3: The Man Behind the Curtain