Monday, March 31, 2008

hey guys

this article is pretty alarming, given the news this morning about the banking industry moves to "save" the economy....

would love your feedback on this!

2 comments:

virginia said...

The article does not surprise me at all. I don't know about a formal "us" -- and I'm in no way a conspiracy nut -- but I read several books recently by John Perkins, "The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth about Global Corruption" and "Confessions of an Economic Hitman" by John Perkins that spell out in detail what is happening under the aegis of "free markets." Free markets provides a recipe for the elites (rich) to plunder the poor (all us other sorry dopes).

The Fed is providing billions and billions of corporate welfare to the raider banks. Did you know that the Fed, which we regard as the United States Government Bank, is a privately held entity, and not subject to control by the Congress?

I do not know if it is a "plan" -- globalization, free markets, et al., but it has the effect of one. More for the rich, less for the poor. I take hope in the knowledge that history deals harshly with empires, kings and bullies. What a shame that it has to all fall down in order to build a better world. I thought we were better people than that, but perhaps not.

I have hope in Obama. I listen to Bill Moyers.

In the sixties we had riots in the cities and Johnson responded with The Great Society -- real help for poor people, education assistance, reconstruction and rebuilding in the cities. We had a measure of hope.

And then a along came Reagan and ou r hopefull little boat sank. Glub. Glub. Glub.

Peace to you all. And love.

mary said...

yes, i thought you would already be up on this. I am not in love with conspiracy theories, but damn, sometimes it makes way too much sense to simply dismiss as, what would grandma say? HawgWash!