Wednesday, March 11, 2009

Economic Crisis by Design?

Does anyone else out there wonder about this financial crisis? I guess I wonder about the timing and the bail outs.

I can't help but think it is all by design. At least loosely.

What do the corporates have to lose if they take massive risks and fail at those risks and then have the tax payers bail them out? Really no risk there that I can see, at least to the financial institutions that cooked the books and manufactured these bogus loans and securities. The "big guy" is insulated from the gutted infrastructure, educational system, and health care crisis. The policies streaming from Washington are designed by these people. The "representatives" in Washington are elected by the "people" after their campaigns are bought and paid for by the "big guys" Seems as though maybe, our governments been privatized too?

Who do they think they're fooling?

Well, actually it seems to be working quite well. Here we are, all worried about our jobs. And willing to take ANY job, no matter what the benefits or how well it pays. Hmmm. Who would that benefit in the long run?

Privatize education? transportation? health care? energy? Why not? The taxpayer is already over-burdened by all the bail-outs, the war funding, and toxic waste clean-up. They can't be expected to fund the commonwealth too? Things that benefit society like social programs, libraries, schools, health care, are just excessive, Right?

The "crisis" makes it seem like the only way out of more public debt is to privatize all the public benefits we once enjoyed. It has been happening incrementally over the last ten years anyway. Think about fees, fines, and add-ons. Things that were once owned by the commonwealth are now eroded away by underfunding, or no funding at all.

Who's pocket books jingle when this stuff happens? Not the general population. To answer the question about whether or not this "crisis" is by design or not, just take a good look at who will benefit the most from it. They just buy low, sell high.

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