October 2, 2008
They call it a “financial bailout”. I call it a promissory note to continue the economic enslavement of the American taxpayer for generations to come. It is paying homage to the slave masters, the plantation owners, the oil tycoons, the corrupt financiers, the multinational CEOs and all those who have ever exploited the poor and vulnerable for their labor and ingenuity. This time, our own government has finally exposed itself as the greatest purveyor of economic injustice on its own people.
The United States government has drug its feet in terms of justice since its inception. From slavery to native sovereignty, from women’s rights to voting rights, from civil rights to human rights, our government has fought against its populace tooth and nail. However, the people have always prevailed. We forced the lawmakers to see that wealthy white men are not gods. They are not the only people who deserve justice, prosperity and happiness. We have won every battle except for one; the battle for economic justice. The financial levers and means of production of the U.S. have always been in the hands of a few disgustingly wealthy individuals. And they will stop at nothing to maintain their wealth and power and to build up the system that ensures that the masses of citizens will continue to be subservient to the monetary needs of the wealthy few. The famous quote from banker Meyer Rothschild, “Give me control of a nation's money and I care not who makes the laws,” is truer today than ever. Now it is evident that our Senate and Congress will also do whatever it takes to maintain the disparity in our economic system. They too are here to serve only the wealthy of this globe.
At the precise moment when the inherent flaws in the so called “free market” are being exposed and a legitimate dialogue about the structure of our nation’s economy should be at the forefront, our government has decided to continue with business as usual. Actually, it’s business that is much worse than usual. It’s a perverted scheme to rob the taxpayers of our money and put it in the hands of the very people who caused the near financial collapse in the first place. To make it even worse, they caused the crisis by preying upon innocent families who simply wanted to own a home. Is this what we voted for? Is this what we deserve from our elected officials? You can blame Bush and Cheney all you want for creating this mess, but now even our most trusted officials are selling the American people and our unborn children into financial slavery. We are already trillions of dollars in debt, how could they conceive of putting us further in the hole? I am still waiting for the national discourse on why the system failed. I don’t blame the predatory lenders, they were just doing their jobs. They are supposed to bring in as much capital as possible with no regard to the human condition. They played their part to perfection. We, the zombie consumers are to blame for allowing this atrocity of an economic system to stay in place. Unregulated capitalism will eventually end up as slavery; that is the goal of the system. Economic slavery is almost as dehumanizing as physical slavery and it lasts longer because our children will continue the cycle of debt and poverty.
I have more respect for the Republicans who voted against the bill because it did not hold true to the ideals of capitalism (a company that can’t survive in the free market should just fail), than I do for the cowardly Democrats who voted to pass the bill out of the fear for their own legacy or fear of a financial collapse. The system they are protecting is the very system that crushes their constituents under the weight of low wages, long hours, no healthcare, and over-priced commodities. Those Democrats (Obama included) then try to tell us that “there was no other solution, the consequences would have been much worse if we did nothing.” No one is asking them to do nothing. But why is it that there is only one solution to this catastrophe? To give a blank check (sorry, a $700,000,000,000.00 check) to the greedy, incompetent, blood-thirsty bandits who caused the problem to begin with; without any mandates or regulations to keep them from doing the exact same thing again for the next twenty years. We are a country full of gifted and talented people. Are we to believe that no one could come up with any other solution to this problem? There must be tens if not hundreds of ways to find a solution. I have an idea. Why don’t we give only ten billion to the hundreds of thousands of families whose houses have been foreclosed? We could reinstitute their mortgages and reinvigorate the banks and the housing market at the same time. That’s my humble contribution, but I guess that won’t happen, why would our elected officials ever look out for the people who elected them?
The truth is that this bill is a top-down adrenaline shot to the economy. Top-down is another name for “trickle-down economics”. It’s the oldest trick in the book. They tell us to give them our money and just wait. Eventually it will come back to us. We’ve been waiting for the trickle since the Reagan era. Meanwhile they sell us hope, faith-based programs, fear, and other intangible nothings. A strong economy is built from the bottom up, not the top down.
The fact that our society is based upon debt is backwards to begin with. If you are considered “middle class” in America, that means you are probably in debt for about $100,000.00 at least. It also means you are about 6-8 paychecks away from poverty. Just to enter into the mainstream of society by getting an education, you have to incur debt. We bombard college students with high-interest credit cards and socialize our children that it is natural to be in debt. Small businesses start out in debt and many never get out.
I say let the markets fail, wipe all debt clean, let’s start fresh with a massive redistribution of wealth so that everyone has a healthy productive life, not just the super-rich and those that aspire to be them.
Young people, we must refuse to pay for this ransacking of our tax dollars! We must stand up to the elected officials and let them know that if they vote to pass this bill then they have positioned themselves as our enemies. I for one, refuse to stand with any politician who supports this bill of enslavement!
-Brian Lozenski a.k.a. Brihanu