A Jobless Rescue?
There's $700 billion for Big Finance but no bailout for American workers. Without job creation, all bets are off for an economic recovery.
What we have today, it appears, is a Keynesian policy for banks and big businesses, and the Mellon plan for everyone else. This is consistent with the longtime Republican approach, which offers government support to corporations and the rich in the name of stimulating the economy but denies it to the working people who actually create the wealth.
While Congress and the president, under the leadership of Treasury Secretary (and former Goldman Sachs CEO) Henry Paulson, managed to come up with a $700 billion infusion for the financial industry, it couldn't find a tenth of that to create new jobs or put a few more dollars in the pockets of the neediest Americans. In the first week of September, the House passed an economic stimulus package that would have spent a relatively modest $56 billion on public works projects—not only creating jobs, but also rebuilding infrastructure and promoting alternative energy—along with expansions of food stamps, children nutrition programs, senior meals, and low-income heating assistance, and payments to the states for Medicaid costs. It also would have extended unemployment benefits, which by one estimate will run out for more than 800,000 Americans in the month of October.
But Senate Republicans blocked a procedural vote (without much fight from Senate Democrats), leaving the intended beneficiaries to twist in the wind. And Bush had promised to veto the bill. A statement from the White House declared that "record spending that could lead to record tax increases or higher deficits will not advance our economic recovery."
In an October 7 fact sheet on "Taking Urgently Needed Action to Stabilize Our Markets," the White House elaborated on its plans for helping jobless Americans. "President Bush calls on the next Congress," it states, to "encourage more job creation by making all of our tax cuts permanent." Another "boost" to "American businesses and workers," it says, could come from "approving our pending free trade agreements with Colombia, Panama and South Korea." The following day, White House press secretary Dana Perino offered another plan: The "best way to help" unemployed people, she said, is for those people to "get back to work."
Ignoring job creation could doom any chance at a real recovery. And this week, House Democrats announced that they are working on economic stimulus legislation that could be taken up when Congress returns to Washington after the November 4 election. Pelosi mentioned a $150 billion plan that would focus on job creation and complement the $700 billion rescue plan for Big Finance. On Monday, Barack Obama released a "rescue plan for the middle class" that would give businesses a $3,000 refundable tax credit for each American job created and finance public works projects that the campaign estimates will create or save one million jobs.
In the near term, jobs-centric economic stimulation is needed to get money flowing and to prevent the rise of even more troubling unemployment. And over the long term, as MSNBC's financial columnist Jim Jubak argues, job creation is vital to the nation's economic stability:
Everyone I talk to glibly says, "Well, I'll just have to work longer." At what jobs? In an economy in which companies regularly find ways to replace higher-paid older workers with younger employees, most people won't be able to stay at their current jobs. And in an economy that is exporting its meat-and-potatoes manufacturing jobs and their higher wages and generating mostly lower-paying jobs to replace them, post-retirement workers are going to be competing with a horde of anxious younger workers for even ill-paying, no-benefit, part-time work.
We need Washington to wake up and realize that, yes, we need to create jobs to pull us out of the current economic slowdown but we also need to create jobs to fix the holes blown in the retirement plans of tens of millions of Americans by this financial crisis. We need not just jobs now but a coordinated national effort—public and private—to create long-term job growth for decades to come.
At my age, in other words, I'd better get on line for a job at Walmart—which won't do much for any economic recovery.
I have a sinking feeling that we haven't seen the worst of it yet. Don't expect the current administration to do anything constructive about job creation. An extention of the Bush Tax cuts only means the wealthy may hire someone to wash the Winnebago. Real progress won't begin until January 20, 2009 providing we elect the candidate who consistently expresses concern for the plight of the middle class. No, not Ralph Nader...
Which candidate might that be?
Bush (and the Repub's) dropped the ball by not sounding a loud warning signal from the bully pulpit when this dirty math was going on. And a one time, or even short term tax break of $3G's per year isn't enough incentive to hire anybody, especially if there is no productivity or expansion in the business to be had. It's called, charity pays at $3G, or a 3G handout.
Half the money this STUPID gov't of ours is spending on Wall Street could go a long way towards fixing this problem (the gov't caused in the first place) if better invested elsewhere. And, NOTICE the first thing they did NOT do is tighten their own belts. How much pork was this $700 billion bill laden with?
I wonder how the Offshore banking industry is doing..I don’t think they are hurting like the Onshore banks but since they can hide everything how would we know..
Unless the ability for the rich to evade taxes by hiding their money offshore is stopped, an increase in taxes on the rich will not work...
This leavees the middle class who cannot hide the money they make to pay more taxes to support the economy,,
The money made in a country should be paid in taxes to that country and not hidden offshore..
Also profits made by companies using cheap offshore labor for manufacturing and then selling that product in their home country should be taxed on the the huge pofits they get by using this practice..In other words tax the markup..
Comrades! Rejoice! Tomorrow, the government begins the process of wresting control of 5 major banks from the greedy grasp of the capitalist pigs. When Dear Leader Barack takes the oath of office, he'll also take the keys to Well Fargo, BofA, Citi, Mellon, and State Street. With control of the banks, Dear Leader will control all industry! The glorious workers councils are forming now! Let all voices proclaim the new Socialist States of mid-North America. Capitalists beware. The righteous anger of the oppressed will not be appeased. The wealth redistribution squads will be trained soon, and will appear in your neighborhood soon. None will escape. Egalitarian justice will be dispensed! All Hail Dear Leader!
I'm wondering ...
I'm not sure job growth of this sort is going to help most people -- I work administration and can't see how public works is going to directly help me if I lose my job (I'm non-fiduciary).
My thought is, and please help me here, if the Gov can stop short-selling for a limited amount of time, can it not stop interest rates from consumers to creditors for some time?
My rationale is if there was a profit to the companies, say Citi, healthy enough to not hurt their overall balance sheet, a curtailment of interest, across the board on loans would help all of those (us) with debt.
Say, a maximum percent of 3% to 4% based on risk. Add a moratorium on fees until further notice. Those of us with credit debt (nearly any householder younger than 60, except the affluent) would be able to use the savings, now. Plus, the advantage to those with credit card debt, a huge amount of people, would be decreased.
I honestly don't understand the back-biting being done on those who succumb to the credit bubble, especially credit cards. When the average person won't read their contractual obligations to a company, it is not the person nor the company whose ultimate fault belies: it is our education system. That is not an issue that can be resolved when people, and especially children, are trying to find a means for everyday living.
Currently, I've got a job, and don't feel desperate. I've got debt, but it's manageable. Yet, if the dollar drops, or if the Chinese decide to sell dollar bonds, we're all in a for a big fall. Help now those who need it.
The notion that government spending and/or rebates stimulate demand is a superstition. The numbers are in on the February stimulus package--it had no impact whatsoever.
Both GDP and employment are functions of total capital employed by the private sector. Accordingly, the only "stimulus" that can do any good is stimulus to private investment.
Employment is driven by private business investment. It takes a 5% increase in private business investment (over that of the previous year) to produce a 1% increase in jobs. Right now, the number of jobs is falling because private business investment is falling.
All of Obama's economic policies will have the effect of depressing investment, and therefore depressing employment. When you tax something, you get less of it. This may be a price worth paying for an Obama victory, but it is a price that will be paid.
SMIA has nailed it! Remember, tax policy was the answer to the cigarette makers. "More tax equals less usage" was the mantra. Is the thought process somehow different as it pertains to business? Even corporate business?
For the government to create jobs, it must first create work. And if the economic value of the value added of the work created is less than the amount paid the worker, the difference is the value of society's productive resources poured down the drain. Conversely, if the value added is equal to the value of the work performed, the work would already be performed in the private sector of the economy, without any additional sacrifice of society's productive resources. In other words, government can only create work worth less than the value of that work in the private sector. And when it does so, it uses up or sacrifices more of society's resources than necessary to achieve a given level of output. (See, Old Soviet Union economic policy.)
It's now common consensus among economists that FDR's policies during the Great Depression served to prolong it. At its core, the New Deal was deeply fascist...unapologetically so, until fascism became synonimous with racism. Anyways, Keynes later admitted he was wrong on that front. Unfortunately, the liberal education system in North America has no scruples ignoring that inconvenient truth. I don't know how much longer they can keep pushing that myth of the soaring brilliance of the New Deal.
I think as reasonable, pragmatic adults, we can chew on this knowledge and ask ourselves: Is Obama's proposal for another stimulus package really a sound idea? If we were all truly reasonable, we could skip that question and ask ourselves why we're entrusting the fate of the world to a man with a void resume. Economists all over the world are wincing at the prospect of execution of his economical proposals. When Obama increases your capital gains tax, Canada welcomes your industries (and job creation) with arms wide open.
Despite the stats, I see thousands of high paying jobs posted on employment sites -
http://www.indeed.com (aggregated listings)
http://www.simplyhired.com (aggregated listings)
http://www.realmatch.com (matches you to the jobs)
Good luck to those that need jobs!
Excellent article.....
As Tony Saporano said, "Money flows uphill, sh-t flows downhill......
jesus christ.
this is getting old.i have never met a republican in my life who ever admitted to voting wrong or to admit they had very poor judgement. it is 1932 all over again. and now the democrats have to cleanup the goddamn mess once again. for all you republicans out there, please move to alaska or the south or some other country and leave the good people of this country alone. you are not even human. Obama will win and so give it up. you screwed it once again. on nov. 5th i am going to enjoy talking to the few republicans in my democrat state. i will tell them, thanks for the goddamn mess...and go to hell....
"While unemployment ... September figures were the worst yet, exceeding all forecasts."
At least our two-party leaders will agree on one of the main solutions to help American workers and the job shortage: Importing ever more millions of slave-wage legal and illegal immigrants! Mass immigration is like a religion to liberal-Democrat and Bush-Republican elites. Nothing, and I mean nothing will get them to sit down and rationally look at the economic and environmental consequences of the coming America of a billion population and beyond.
Tom Andres
Sierra foothills
the republican party is comprised of back seat drivers. all show and no go.
name me one piece of legislation they have ever passed that benefitted the middle class. nothing , nothing. the republican party is the party of the white trash south and rednecks. lincoln told the republican party to go to hell. the republican party will never admit failure. they did not in 1932 and again in 2008. mccain just loves teddy roosevelt even though he quit the party. we can talk all we want, but the fact remains Obama will win on nov.4th and you know it. to the republicans, your argument is not with me, it is with the 90% of americans who recently said they think the country is headed in the wrong direction.you screwed it again, like you always do. look in the mirror on nov. 5th and you will see the face of a loser....
tell me do you think that the people who supported hitler should feel guilty.
why of course yes.
so why dont the republicans feel guilty about their vote for gw bush to invade iraq and the result 4,000 americans dead and 200,000 dead iraq people.
the republicans will never admit to any wrong doing. inside their brain is the thinking of a criminal. just like a murderer who fights with the police and pleads innocent and is sent to prison. i have never met an honest republican, only ones that lie.nov. 4th is the end for them. they will wake up and look in a mirror and see the face of a loser....
when Obama takes office he will redistribute the wealth in this country. the republicans will have no say so. just like the mid fiftys to the mid eightys. most stupid republicans dont really remember how it was in the sixtys and seventys. but the old ones know. they sat in congress and did nothing. they had nothing to contribute. it is too bad that this time we democrats cant separate the money. i would let all republicans starve this time. they deserve it. they are not even human. they are like locust.you are big redneck babies. selfish cowards. please move to the south and go to hell....
I spent about two hours on the phone the other day with the Microsoft help desk. I spoke with two different individuals and both were located in India. Outsourcing is the primary cause of most of our economic woes, but Bill Gates could care less. He's got his billions earned from overpriced and shoddy products. The more people that foreclose in his neighborhood just means more land he can buy to expand his empire of one. Nothing will be truly fixed until outsourcing is eliminated. The so-called "global economy" is the biggest scam ever run on America. It began with Bush Sr. and his promise of a "new world order" and continued with his pathetic, worthless and idiotic son. well, the new world order is bankrupt and its leaders should all be rounded up and prosecuted for treason.
Public works projects? $3,000 tax credit? How naive.
First of all, public works projects were, of course, a major part of the New Deal. The result? Nothing to write home about: Unemployment rate in 1932: 25%. Unemployment rate in 1938: 19%. Indeed only WWII brought us out of the Depression.
Secondly, as a small business owner, a $3000 tax credit is not going to get me to hire another employee. I will only hire a new employee if I need one, credit or no credit. This will only help those who are ALREADY PLANNING TO EXPAND, which IS NOT FAIR IN THE LEAST! Why? For the rest of us, the credit would absolutely have to pay for the full cost of the employee in order for us to accept it. But $3000 is definitely not enough for that (much like McCain's ridiculous health care insurance credit). Indeed, I would LOSE money by hiring a new employee and taking the credit! We need to create demand, not offer credits. This will only help larger companies who have rainy-day funds that the rest of us small business owners do not.
This is just politics.
obama's economic rescue plan, unveiled on the same day this article posted addresses job creation. he says "Today I’m proposing a number of steps that we should take immediately to stabilize our financial system, provide relief to families and communities, and help struggling homeowners. It’s a plan that begins with one word that’s on everyone’s mind, and it’s spelled J-O-B-S." the full economic rescue plan can be read on his website, barackobama.com
Really? Because it seems to me that if anything at all good is happening in the economy, workers will soon find jobs. Not to say it's not the part of the crisis that people care the most about (the majority does work as employees) but I really don't see how it is the joblessness creating the recession and not the other way around.
We are printing and borrowing money like crazy. GW has run up the debt and deficit to absurd levels. We barely have an economy anymore as we have gone from creditor to debtor and exporter to importer. If we do not create real jobs, we are in trouble. If we keep spending we are in trouble. Oh well !
A loaf of bread will cost $20 and then we will get a few cents and go to Ameros.
Funny. I keep hearing the GOP complainers about taxes, and the need for tax cuts to stimulate business. Well, the Bush tax cuts got us 1% domestic investment by business- but a lot of investment in CHina and INdia. Clinton raised taxes a bit, and the econmy exploded, and domestic business investment exploded. Gee, amazing what a little innovation and efficieny does, when you make sure the returns get shared. American workers are far more productie now than 7 years ago, but they enver see the returns. Just the pains. When they get the returns, business will explode again. And, tax cuts don't well, cut it. I don;t want a tax cut. I want a good job and some security to prevent my savings from being sucked up by greedy spoiled CEO.s
I'm sorry, I thought the democrats controlled the legislative branch. What excuse will you have next year?
The R's have the same sort of "control" they have had for a long time - the power to f*ck up everything worth doing - and unfortunately, while the D's have a numerical majority they don't have "control" enough to force things through with veto-proof majorities.
Next year that will change, and with the R's out of the way maybe the country can be rebuilt.
Which will actually be good for the R's too, though they're not bright enough to recognize it.
10/15/08
If it was not for the action FDR took in creating the WPA during the 1st Great Depression and making Social Security possible, non of us would be here today. Social Security is an Insurance Program not Welfare. The WPA made it possible for anyone who did not have a job to make a living to support their families. Now for the past 8 years we have been living through a Recession that has turned into the 2nd Great Depression. Emperor Bush nor his Dick as in shoot your best friend in the face Cheney and their Fascist Neo Con Dictatorship have done nothing to help the Middle Class or Poor in the Job Market but to allow Corporate America to all go South to Mexico or the Far East to China for Slave Labor and take away the jobs of hard working Americans.
We just witnessed the U.S. Congress once again approve by the majority to spend $750 Billion. Now I do not know how you feel but to give a $750 Billion Bail out to Corporte America and Wall Street still is supporting the 1% Rich!
I have never understood and never will understand the following. When 'OUR' U.S. Congress provides funds to American Citizens they call it Welfare. When the U.S. Congress gives money to Corporate America they call it, 'Bailing Out Corporate America'. Where all the $750 Billion dollars is going to go to the 1% Rich. Then it is put through a shredding machine placed next to a window on Wall Street and turned into Confetti and for one day on Wall Street they have their own parade only to watch the next day all the money is gone once again. Today we just witnessed the 2nd worst low on Wall Street since 1987.
Now to deal with reality for just one minute here, if the $750 Billion was to be given to the American Citizens it should be called 'Bailing Out American Citizens'. By doing this American Citizens could pay off their homes and bills and in so doing would inject into the American Economy a real Stimulus Plan with substance. We would not be in a Depression nor would we once again be watching the 1% Rich obtain more money and allow the 99% of all Americans to have just this year 3 Million Homes Forclosed on and 1 Million Americans fired just this year alone.
The 1% Rich do not want American Citizens to maintain a Middle Class and Poor Class. I will give you one of my quotes to make my case.
"Emperor George W. Bush and his Dick as in shoot your best friend in the face Cheney have and continue to cause the 'Daily' Suffering and Deaths of the American Poor, Disabled, L.G.B.T. Community, Senior Citizens, Children, Veterans and the Unemployed by Economic Deprivation. It leaves no finger prints at the crime scene."
I watched the last debate tonight and it was like watching Grandpa McCain in the final stages of dementia. I have to admit I was a Hillary Supporter 100%. I joined the NAACP in 1975 and my whole life have worked for Civil Rights and watched them be taken way everytime a Republican is in power. They use the word 'Reform' which means to take away. I have been tired of the 'Good Old Boy Network' of the past 232 years and is way over due for a qualifed woman to finally be President of the U.S.A.. Since this was by-passed after watching tonights debate I have to put my support behind U.S. Senator Obama. To allow Grandpa U.S. Senator McCain and Gov. Wacko Palin with the knocked up teen age daughter represent the moral majority party they represent is the biggest oxymoron I have ever seen. I was so impressed that Gov. Wacko Palin foreign travels and experience has been to be able to see Russia and Canada from Alaska. With U.S. Senator McCain having melanoma cancer 5 times putting him at high risk to die from and to suffer from P.T.S.D. since Viet Nam and to be showing major signs of Dementia, does not make me want to sleep good at night at all nor the reality that Gov. Wacko Palin who has her own Troopergate going on and shown to have abused the power of Gov. of Alaska makes me wonder why she is so concerned about Joe 6 Pack! Then we have U.S. Senator McCain worried about Joe the Plummer. Do we see a theme here? I think so. Is there a Joe the Electrician waiting in the wings? I don't think any of these Joe's have to worry because the fields they work in make a great living at the prices they charge for their services.
So I have to with a clear mind put my support behind U.S. Senator Obama. I know he will with the people he has named he would have supporting him are very balanced and educated people to turn things around in America. Now don't get me wrong. U.S. Senator Obama when he becomes President is going to have 4 years of cleaning up to do after 8 years of a Fascist Dictatorship with Emperor Bush and his Dick. Still we would have someone living in our White House that owns one house not 10 homes as U.S. Senator McCain owns. As Chris Rock said, "vote for the person with one house."
I realize the U.S. Senate is the Million Dollar Club. We are not going to change this over night nor do I think it will change in our lives. In fact I doubt we will ever for the next 2 generations recover from the damage of the past 8 years of an alcoholic coke head and a Dick who has had a bad heart the past 8 years. Still it puts us on a direction that graduated from Harvard University with High Honors and did not get in by having someone pay to accept him because of who his father was and pass with D's an low C's.
We also have to face the reality that there is no place for the U.S. Government to be buying stock in our Community Banks in America. In fact there have only been 12 Community Banks in America fail this year. Of the thousands of thousands of Community Banks it is sad to realize 12 have been taken over by the Government. Still to think the U.S. Government is going into owning stock in our Community Banks that are the Heartland of all communities across America shows what happens when you have a Fascist Dictatorship in power. Leave our Community Banks alone. If the Emperor Bush and his Dick has looked how 99.9% of all Community Banks operate and have a good return on the loans they made, we would have never been in the situation America is in today. Then we have to realize Emperor Bush and his Dick never wanted things to work for the 99% of Americans. They were and continue to only be for the 1% Far Right Rich! They do not know how to boil water or cut their yards or fix their cars. They don't know how to put gasoline in their cars but they sure have known how to bring America down by allowing 9/11 to happen, then the Unjust War in the Mid East of WMD never there to begin with and then to allow for the Trojan Horse code name for triple the price of Oil to bring the country to it's knees. How can one make the journey to Washington D.C. to March on 'Our Mall' and Protest if we can not afford to fill our tanks with gasoline?
U.S. Senator Obama does not have all the answers but he surely has the country and economy, education, military, shelter, jobs, medical, food to eat on the agenda before he does about the 1% Rich agenda. It is called maintaining the basics and the rest are the toys of life. If people want toys let them have toys but don't put the toys before the basics to maintain life.
When President Bill Clinton was in office we could afford to pay our house payments, utilites, food, gasoline, medical and maintain the basics. What is wrong with anyone wanting to deny anyone the basics to live? Only the 1% Rich can answer this question but you will never get them to answer the question. They talk in code as watching the last President Debate tonight, watching U.S. Senator McCain it looked like he was doing 'Morse Code' with his eyes as he was blinking so much he must have thought he was back in the Navy sending messages in code to those who support him. I only have pity for those poor critters. To allow U.S. Senator McCain and Gov. Wacko Palin be appointed and U.S. Senator Obama to not be elected to office will once again be a repeat of the past 8 years of Emperor Bush and his Dick.
Real Americans spell America or use American with a capital "A". I am about being inclusive, however. Let's give all three of them a capital "A" ---for making ASSES out of themselves with such stupid comments.
Hey neither party is clean on this mess. Lets stop playing "your party screwed this up" and fix it. Have you read the bailout bill? How much crap can we stick in a bill? Nearly $100B of it is pure pork, with nothing to do with anything but buying votes on both sides of the aisle. Congress took an opportunity to ramrod a bunch of junk through under the auspices of "protecting the people." Socialization of the banking industry isnt the soln, and we'll see shortly that it is not; Did the soviet system not teach us anything?
Once a country accepts a big lie, things go downhill fast. Both Canada and the US have bought into the big lie that "Industry is the engine of the economy." That is patent nonsense because, although an efficient and effective industry is vital to the economy, the consumer, who gets what they need and want are the engine; industry is just the transmission.
Whenever governments get involved bailing out industry they keep the incompetent parts of the industry from being removed by natural selection, making it harder for the competent members of industry to survive. We have really screwed up in the bailout of the incompetents; we should have bailed out the consumers/citizens instead!
I called my LOCAL Sears store and ended up talking to someone in India. Jeebus H. Christ!
They have all the money now and they are not going to be creating more jobs. They are going to live lavish lives and watch the rest of us squirm.
actually they are aliens from hell
Not so. Industry IS the what drives a vibrant economy, AND what keeps the U.S. INDEPENDENT.
Actually, Jimmy, PEOPLE are what drive a vibrant economy. And PEOPLE are what keep the US independent. We need to protect PEOPLE, not industry.
My "logic" class made a point of saying that you don't solve problems by dealing with the effects but with the causes-God, I wish politicians had to take logic classes but then they would be renamed problem solvers! Anyway, if the loss of jobs has created the problem, then you need to create more jobs! That's what took us out of the Great Depression-WPA, Tennessee Valley Authority, etc. Why are Republican Leaders like Blunt so against the idea of Work Projects and Infrastructure rebuilding, helping the auto Industry retool for small fuel efficient cars, and every other project that can be thought of to get America back to work! The real humor of this is that until the Middle Classes get working again, the upper classes will have to pick up more of the tax burden and everyone knows that is against every fibre of "trickle down economics and worse than blasphemy!
Giving more money to these Crooks is like:
Giving a Drug Addict more Drugs without the Treatment
The Cor-pirate System is Flawed!
Corporate GREED is The Problem
That must be eliminated from the Solution.
Everything you have been told is a Lie.
Bad programming and Evil conditioning.
McCain is right about one thing.
We are Prisoners.
He blurts out the Truth in fits of his Aristocratic anger.
The Kennedy intervention.
We live in a Cor-pirate Delusion.
Prisoners in a Delusion that becomes more transparent every day.
Corporations are inefficient, slow to change, top heavy, over centralized, Jaded and Corrupt.
Rule from the top down has never worked for the Little Guy.
It is a Failed Hypostasis.
The Free Market is a Myth perpetuated by wealthy Aristocrats.
They use the capital appendages called Corporations to Rule.
Giving money to Bankers is Socialism for The Rich.
The Wealthy hold all the chips.
They have stolen and Privatized everything.
They own 99% of everything already and
Now they want the rest.
The money is right there in their Pockets, they are Hording it.
They want to steal everything you own for Pennies on the Dollar, preferably using your money.
This is the last trick in the Book, the last card to be played from a Stacked deck.
The Game is FIXED!
The Cards are Stacked!
They want U.S. to buy, so they can run the same scam again and again.
Decades of Banking Crisis, War, Assassinations, Dictatorship, Greed, Poverty, Propaganda, Oil Shortages and Scandal after Scandals.
What has changed?
Nothing!
Same War, same Channel.
Opps, but, now you pay $40 dollars a month for your own Indoctrination.
Bush/Cheney are Cor-pirate Parasites that feed off the blood, sweat and tears of
Americans.
They get a fat pension, socialized medicine and guards for life.
What did they ever produce?
Besides War, destruction, pain and suffering!
What did they invent?
Besides fake reasons to terrorize, torture and kill!
What have they created besides a line of BU__! SH__!
What did they ever build?
Besides a walls to separate, prisons, propaganda and a spying network?
They want to Destroy everything we hold dear:
Our families, friends, communities, Values, Goals and Ideals.
They are destroying the very Fabric of our own existence.
Disaster and Poverty follow in their wake.
Without a Patsy to victimize: there is no-game.
They’re ADDICTED to Power and Money!
Giving more money to these Corporate Crooks is like:
Giving a Drug Addict more Heroin without any Treatment,
Pouring water into a bucket with holes in it,
Giving a Blood Transfusion to a Person hemorrhaging with a bleeding artery without
Stopping the Bleeding, first!
Stop the Bleeding!
This Economic Crisis is only the Tip of The Iceberg.
It is an indication of something much more sinister at work.
The Whole Corporate System is ROTTEN to the Core.
They are Guilty of these Crimes against Humanity:
Lying,
Spying,
Thievery,
Corruption,
Censoring and the News,
Manipulating Information,
The Faux Media,
War,
Propaganda,
Terror &
Various other:
High Crimes and
Treason.
Our way of life is at stake!
Now is the Time for dramatic and sweeping Change instead of more of the Same.
Business as usual got U.S. into the mess and can never get U.S. out.
They had their chance.
Pull the Plug and start over.
Stop the BU__! SH__!
Surge
Purge
Update and
REBOOT!
We seem to be a single issue people. What happened to focus on the war or environment. Now we also seem as a nation to only focus on the financial crash, Wall Street and jobs. What about the fact that we have saved less than 1% for years, that our economy has been fueled by hedonistic consumption, that people are tapped financially and a great many have huge credit card debt. We are broke.
I feel as though we should package together all of our National Parks and sell them to China in order to reduce our debt. Perhaps this will make apparent the gluttony that we have gone through and its consequences.
Why don't we spend $750 billion on building schools and improving the infrastructure? That would create jobs and solve a lot of other problems. At the same time it would build the economy from the bottom up. Rich people are tight fisted, we know they aren't going to spend money for no reason. The poor and the middle class have to spend every dime they have, just to stay alive, so making money available to them is the best thing we can do to ease the economic disaster that the morons in Washington and on Wall Street have created. I invite you to my website: www.FreetheGods.com. There you will find a political discussion forum where political ranting is highly encouraged, especially opposing viewpoints!
Hey Santa Ana if you don't want your share of the redistributed wealth, send it to me. I really got hurt under the Bush/Cheney junta and there are millions more like me out there.
Your article is a good
Your article is a good research paper helper for me I must say.
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