Tuesday, March 17, 2009

Gov't reaction to Wall Street meltdown like ''punishment'' of Prescott Bush for hiding Nazi money

Professor Smartass deftly connects the Bush family, the Nazis, Wall Street fraud, the OCs, and terrorism.

It seems that something similar is going on with Wall Street today. Can anyone doubt that Wall Street's concerted effort to get themselves deregulated, their Rube Goldberg maze of shell corporations and off-shore accounts, and intentional defrauding of ordinary investors, mortgage holders, and retirees has done more damage to our economy than Tim McVeigh, Osama bin Laden, and all the other terrorists to ever blow up anything in the US combined?

And in fact, the connection to terrorism is not just by analogy, but literal. To the degree that we face a legitimate terrorist threat, it is because business interests demand to be put ahead of human rights, democracy, and even the national security of the United States.

Worse, business is a direct cause of the terrorist attacks of 9/11 and the Bush administrations failure to bring a quick conclusion to the War on Terror. Those in the Islamic world do not hate us for our freedom, but because we take theirs away to ensure that our oil companies have compliant governments to deal with, from overthrowing the democratically elected secular government of Iran in the 1950s to backing the oppressive Saudi government for decades. Oddly, even though the Joint Congressional Inquiry into 9/11 found direct involvement of the Saudi government in the attacks nothing was done about it. Whether this was done because we didn't want to jeopardize business ties with Saudis or because the Saudis were doing the Bush administration a favor with the attack, neither is acceptable.

And yet, the punishment of the wealthy who endanger and loot us like this will be much like Prescott Bush's. The public will use our taxpayer dollars to clean up their mess, and they will continue to live lives of leisure and be free exercise their power as ''masters of the universe'' even though they are masters of nothing but moving our money into their pockets.

I have no problem with capitalism in theory, but in practice, we can no longer afford a financial elite that not only ignores the law, but buys our politicians and makes the indefensible legal.

Any solution to this current problem has to involve putting the fear of God or at least fear of the wrath of the American people into these spoiled sociopathic trust fund babies, the likes of which no financial elite has felt since the Russian or even French Revolution.

I agree, but Americans aren't very good at 'getting involved' and the Masters of the Universe are well aware of it.

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