Finally… the chickens have come home to roost. Year after year, we have witnessed completely unbridled greed devour our economy. The fat cats got fatter and the poor got poorer. Now, some of the biggest names in the business, Bear Stearns, AIG, Fannie Mae, Freddie Mac, Merrill Lynch and a host of others looked into their accounts and found out what so many of us have experienced in the last few years… they were overdrawn! But unlike the rest of us, these “titans of industry” had a Sugar Daddy. The federal government comes to the rescue. Hello??? Did I miss my call from Uncle Sam when I faced foreclosure? Did Alan Greenspan and the gang try to come up with some relief for me when I had to pay my son’s college tuition at the same time that all the utility bills were due? Where is my bailout????
I also think I remember from my high school history class that when they refer to the federal government…they are talking about me…Ms. Taxpayer. So, MY MONEY is going to be used to bail out these corporations and corporate entities that refused to give me a loan, tried to take my house and made it difficult for me to fund my son’s college education. What’s wrong with this picture? The bottom line is that we are ALL in trouble in today’s economy. The forecasters keep saying that we having seen the bottom yet and that the economy is going to continue to get worse. How much worse can it get? And if I’m not mistaken, we are experiencing this complete implosion right at the end of eight horrible years of a Republican administration! Sean Hannity, Neal Bortz, and the rest of you haters… as Little Richard used to say… SHUT UP! How can you be proud about anything that is happening with our economy now? Is this what you call realizing the American Dream? You need to get a grip. Borrowing a line from the movie “Broadcast News…The American people are “mad as hell and we aren’t going to take it any more.” Get ready for a revolution. It’s long overdue.
Wednesday,September 17, 2008 at 11:17 am |
I hope you’re right that it’s Revolution Time, Sid, but I am not convinced. When I see the McCain campaign admit that its ads are not wholly truthful but that the election isn’t about issues, but personalities, I wonder if people are truly ready for Revolution. When Karl Rove admits that the campaign is pushing the limits on what is acceptable and no one flinches, I wonder if people are truly ready for Revolution. When Sarah Palin gets caught in a series of lies and people still applaud her for being bold, unbought and unbossed, I wonder if people are truly ready for Revolution. People worry about their money, their kids, their “stuff,” but they don’t worry about who is leading the country through all of this. While the Republicans claim to represent the party of prosperity, studies have shown that the U.S. economy has actually done better under Democratic administrations – but five of the last seven administrations have been Republican. While those of us who are true news junkies and who research the mass e-mails and links sent to us to determine their veracity, many people absorb junk and then pass it along as though it were true. And I’m talking about educated folks who ought to know better. AIG just got a federal bailout. Merrill Lynch got bought by the omnivorous Bank of America (and who will bail it out when it reaches its limit?) and Lehman Brothers just took a dive. If that doesn’t tell you it’s time for regime change, nothing will. And while I aim to be an optimist and trust in the better side of man, I see many indicators to suggest folks are too afraid of change to embrace it.
Saturday,September 27, 2008 at 7:55 pm |
Sid, I’m just glad to know that you are still vigilant, still keenly observant, still delightfully passionate and still strong beyond measure. Reading your blog feels like sitting on the floor of your Evanston apartment drinking wisdom in 75.