It seems like American's futures have always been tied to the fortune of Wall St. I'm old enough to remember a healthy 900 point average- yeah, that old. Interestingly enough, it looks like all's not kosher in Kansas, (again) but the bill those on the Street has presented us is beyond the pale. I for one am a little tired of this and I think you are too! Jump over the fold with me for a few radical ideas that make no sense, conjure wishful thinking and leave me exposed to every troll trudging by!
I spend every spare moment reading Kunstler, Krugman, Stewart, St. Clair et all and so understand please my mental momentum. These are learned folks that know what they're talking about.
They all agree. My take from their positions- Wall Street is filled with rapacious crooks. Hank and Ben, former crooks, now facilitators for the Boyz presenting these outlandish demands.
Ok, here's where I get wild. Let's talk about ending Wall street, the markets, the whole thing. There's very little left there for the private investor, the 401s are being vacuumed up and pension funds are tottering badly. Wall street is the temple of Capital. It exists to create paper wealth for a select few, but costs the rest of us far more than it produces.
For 700 billion, we can do much better. Let it burn. Let the world financiers howl. As dear Nancy Reagan succinctly put it, "Just say no". The playerz most affected certainly don't live where we do. Does your neighbor have a third home in St. Lucia?
You see, the swindlers don't trust each other. Who's gonna fail next? Wall street isn't like the Hassidic Jews peddling briefkes full of diamonds in the City, doing business with a handshake. Total honor, total trust.
No, we're dealing with educated scum here. Let 'em burn. Let a sudden lack of money and even more a lack of trust fumigate these cockroaches and rid us of their pestilence.
Once upon a time, some farmers got together with their lawyers and came up with an idea as to how to buy feed and sell cattle a little more efficiently. Thus was the "stock market" born. There's still a need for those kind of things, granted, but minds greater than mine can create a simple and fair system to help things that really matter.
In the meantime, let's talk about letting what remains of greedy bank holding companies, (the ones that paid for the Bankruptcy Reform Act- another f***ing of the consumer) insurance companies whose medical premiums are no longer affordable, and investment houses that are as we speak, lining up at the Federal trough.
Begone the whole lot of them. Slam the door. It's easier than it sounds. Local banks can thrive in communities, single payer health CAN become reality and we can invest in infrastructure instead of paper crap.
Just takes balls,friends. Let's keep what we have left, rather than dynamite our future as they're proposing on the Hill. Write your leaders, call, be very persistent. The first step is to stop this ongoing swindle, enjoy the view of grown financiers having temper tantrums, the crash, then a return to basics. Either way, life is going to change. Let it be on our terms.