Sunday, October 5, 2008
Breaking the back of the working class
John Lennon~ Working Class Hero
We the People are now some kind of working class hero, working not to contribute to the greater good, but to shore up the gamblers of Wall Street. We are bailing out people, some of whom make over $500,000 a year.
We are rescuing them.
We are told we are rescuing ourselves. And who amongst us feels any sense of trust in what George Bush says or does?
So how do we know this "catastrophe" is not just some other ulterior motive of some other scheme? I can't help but notice the banks gobbling up other banks would otherwise be subject to anti trust rules & reviews, but are now seen as the sky-is-falling saviors.
We have every right to have doubts and fears, not about the ones Bush is telling us, but about the other questions and details he is NOT telling us. Right after the House approved the $700 billion dollar bailout, Bush was quick to say, this won't totally solve the problem- as if to deliver the omen that he'd be back asking for more. Time will tell just how many other places fail in the Wall Street world of finance. After all, it is being handled by a hand picked Bush regime appointee.
Meanwhile we go to work, earning meager wages, making a tiny fraction of what these high finance CEO's make, to make sure they stay wealthy & solvent, while breaking the back of the working class. Working Class heros.