The mother of all bail-outs is upon us– approaching a trillion dollars
in federal funds, that is, in tax-payer’s money, to get the big
gamblers and hustlers and sharpies off the hook– and it’s way beyond
global. Let’s call it galactic or stratospheric. It is awesome, and
the questions just keep on coming:
When the big guys were raking in super-profits, we were not invited to
the table to share the wealth, so why are we now told we must share
the pain?
Isn’t this socialism for the rich?
If “government is the problem” and the genius of the “free market” the
solution to everything from health care and education to national
defense and public safety, why are the marketeers in line with their
hands out?
We were told repeatedly by the powerful that there wasn’t enough money
for decent health care for all, wonderful schools for poor kids, and
support for a life of dignity and purpose for the elderly, so how did
a trillion dollars suddenly materialize?
Further if full and generous funding for education and health care
would turn ordinary, hard-working citizens into lazy, dissolute louts–
that’s what they said– then what can we hope for the moral well-being
of the financial wizards?
Is the government of the people, by the people, for the people, or has
it finally become a wholly-owned subsidiary of Big Finance, Big Oil,
and Big Pharma?
We were reminded that our patriotic duty required that we support a
war-of-choice costing $500,000 per minute, but who profits, and who
suffers in war?
I’m just asking…
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[Homestead] Comments on the bailout,
Gene GeRue, 10/17/2008