Monday, November 29, 2010

Republicans and Wall Street sabotage America

"We’re losing our democracy to a different system. It’s called plutocracy.” ~ Robert Reich

"I sincerely believe, with you, that banking establishments are more dangerous than standing armies."~ Thomas Jefferson

"Corporations have been enthroned .... An era of corruption in high places will follow and the money power will endeavor to prolong its reign by working on the prejudices of the people... until wealth is aggregated in a few hands ... and the Republic is destroyed." ~ Abraham Lincoln
The Republican Party has been wholly bought and paid for by Corporate Money. There is one job the Republicans have to accomplish as they steal back into DC, which is the continued transfer of wealth in this nation to the Richest. Already under George Bush's evil regime we saw a the Rich get Richer but, we've also seen Republicans use the power of Government to transfer Trillions into the coffers of the Rich.

But it's never enough for the Plutocrats. What they want is Plutonomy, a new era of Feudalism, in which Wall Street bankers are the new Lords and Barons with Republican bureaucrats acting as the new clergy telling the rest of America this is the way it's supposed to be. As Republican Jeb Henserling told America,
"I don’t think we can figure out how to outlaw recessions any more than we can outlaw tornadoes or outlaw hurricanes. Economic growth has never gone in one straight line up. It’s a part of freedom."
You see? Your economic woes are due to freedom. The vicissitudes of Freedom ordain that you be poor. Amen...

Remember Tea Partiers had no problems with the $700 Billion USC TARP bailout or with the other undisclosed billions used to rescue AIG, Bear Sterns and the other Wall Street racketeers accomplished by the Fed and financed with Taxpayer money. Sarah Palin supported the TARP in her standard mangled diction,
"Now, as for the economic bailout provisions and the measures that have already been taken, it is a time of crisis and government did have to step in playing an appropriate role to shore up the housing market to make sure that we're thawing out some of the potentially frozen credit lines and credit markets, government did have to step in there."
You betcha we must help the Banks which caused the Crisis because Capital belongs to the Capitalists and poverty belongs to the poor.

And as soon as those Trillions were in the hands of Wall Street, President Bush used his executive authority to allow the money to be used in whatever way the Treasury Secretary Hank Paulson and the Rich bastards they serve deem... Henry Paulson backed away from the government's plan to use $700 billion in bailout funds to buy troubled mortgage assets and instead called for a fresh injection of cash to financial institutions. "Our assessment at this time is that this is not the most effective way to use TARP (Troubled Asset Relief Program ) funds," Paulson said. "I will never apologize," Feudal Lord of the Exchequer Henry Paulson declared to the obedient serfs, "for changing an approach or strategy when the facts change. I think the apologies should come the other way." When you question him, you should apologize.

Remember the Tea Party anger at the hundreds of Billions requested yearly off budget by Bush as emergency war spending? Or when Billions in hard currency was physically lost in Iraq?

The last 10 years of the Bush Tax cuts were supposed to foster growth and jobs. Where are they? The Rich did what they always do with extra funds they "invested" those monies in their own off-shore bank accounts. Swiss banking giant UBS helped 52,000 unidentified American Thieves hide untold Billions stolen from American taxpayers into secret accounts. UBS agreed to pay $780 million USC to keep their identities secret. Under President Bush we had years of wage stagnation and wealth accumulation amongst the richest Americans just the way the Koch Brothers want.

Republicans want to crush the Middle Class and Poor and grind down Americans into serfdom and wage slavery forever.
"And I'm going to tell you one other thing: When did we ever get to a point in America where, we're nearly at the point where fifty percent of Americans don't pay anything in taxes! Nothing!" ~ Sean Hannity.
Of course, Hannity isn't the only Commentator at Faux News to demand the Poor pay more in Taxes. To the Rich in America the poor and middle class need to shoulder the burden of paying for Government and Government's role is to protect the profits of Wall Street.

President Obama is not the progressive superman many hoped he would be, but what he has done is offer hope with the Healthcare Insurance reform, the General Motors Bailout which saved thousands of UAW jobs, and ending the War profiteers boon in Iraq, so the Banking and Plutocratic Robber Barons have decided Obama must go. They engage in scurrilous lies about him to convince an ignorant vocal minority into believing Obama is somehow foreign.

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