Moral Midgets and Class Warfare
This is too sweet. Remember Rick Santelli? He's the bozo on CNBC who ranted about the government bailing out the "losers" who faced foreclosure. Well, as it turns out, CNBC is owned by General Electric, which accepted loan guarantees of at least $139 billion to keep from going under. So, Santelli himself is living off of a government dole.
Guys like Santelli piss me off so much that I can't even watch the news without my blood pressure going up. Last night I saw Bernanke on the Lehrer News Hour. He was testifying before Congress and he was asked about why they were giving more money to AIG. He said, and I paraphrase, that the idea of bailing out AIG's shareholders angered him, but that they couldn't afford to let the company go under. What a son of a bitch. Like those were the only two choices, bail out AIG's shareholders or let it go under. What about nationalization on terms favorable to the tax payers, not the shareholders. It all makes me so sick. In moral terms, figures such as Bernanke, Geithner, and Summers are just one step below the likes of Adolf Eichmann. They may not themselves be throwing people out of their homes, forcing people out of their jobs, and inflicting misery upon millions, but they are administrators of a system that does these things, and they are culpable. They are damned culpable, and they should be behind bars.
It is often said that politics is the art of the possible. That right there is why politics is a morally bankrupt pursuit. There are certain issues that are moral in character. To take one example, look at what the Israelis did in the Gaza strip. That was an outrage. A legislator who had any moral sense at all would have introduced a bill that condemned the action and immediately cut off all aid to Israel. If anyone in Congress introduced such legislation, it certainly hasn't been reported. On the domestic front, take health care. Anything less than universal, affordable coverage is an abomination. Yet, where is the legislation setting up a single-payer, government-administered health care system like they have in Canada? Nowhere, because the moral midgets who run this country are in the pocket of the insurance industry. They are deserving of nothing but our contempt.
The ordinary people of America need to realize that we are in a class war, and that these people, these politicians and business people are, with few exceptions, our enemies. Until we do, they will continue to walk all over us.
3 Comments:
I agree. Well said.
This comment has been removed by the author.
I agree it's wrong to posit only two choices with companys such as AIG, bail out the shareholders or let the company go under, and I don't like the idea of bailing out shareholders any more than you do. But who are the shareholders? How many shares are held by pension fund and 401(k) investments? By charitable organizations? It may be that letting the shareholders go down with the ship is the least bad option, but if so, it won't be just the fatcats who take the hit.
Note: I deleted a previous comment to correct a typo.
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