Can We Avert Yet Another Super Rich Induced Disaster?
If the NRA had full sway, it might well argue that we should abolish our police forces and simply arm each citizen with self-defense weapons. We might even go further back to the origins of our Republic and do away with our military and similarly arm private groups to take its place -- we have in fact been doing a good bit of that of late (Blackwater, etc.)
The catch in both instances is that we would as individuals and a nation be left largely defenseless against more powerful and well organized enemies.
Analogously the crash last year happened because we had so weakened our regulatory defenses that our corporations could run amuck, exploiting any and all and leaving not only our nation, but the globe as a whole in one hell of an economic mess.
The lesson to be learned here and so obvious is that we need our governments to protect us from dangerous individuals and institutions. They certainly aren't going to police themselves from all our recent experiences. We are rapidly becoming an oligarchy, i.e. a nation owned and operated by our large corporations which have one aim in life -- to maximize their profits -- not to implement the public interest.
One of Obama's biggest challenges will be to cut through the anti-government propaganda of these large financial institutions being promoted by the Republicans to rescue us from what would most likely turn into the greatest depression that our nation has ever experienced.
Our financial institutions are now running wild again just as they did prior to 1929 which produced that financial disaster that lingered on until we were bailed out by WW2.
Can Obama and our caring Democrats break the stranglehold of our lying media and rescue us from more disasters to come?
What do you think?
--
"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
--
Ed Kent 212-665-8535 (voice mail only) [blind copies]
The catch in both instances is that we would as individuals and a nation be left largely defenseless against more powerful and well organized enemies.
Analogously the crash last year happened because we had so weakened our regulatory defenses that our corporations could run amuck, exploiting any and all and leaving not only our nation, but the globe as a whole in one hell of an economic mess.
The lesson to be learned here and so obvious is that we need our governments to protect us from dangerous individuals and institutions. They certainly aren't going to police themselves from all our recent experiences. We are rapidly becoming an oligarchy, i.e. a nation owned and operated by our large corporations which have one aim in life -- to maximize their profits -- not to implement the public interest.
One of Obama's biggest challenges will be to cut through the anti-government propaganda of these large financial institutions being promoted by the Republicans to rescue us from what would most likely turn into the greatest depression that our nation has ever experienced.
Our financial institutions are now running wild again just as they did prior to 1929 which produced that financial disaster that lingered on until we were bailed out by WW2.
Can Obama and our caring Democrats break the stranglehold of our lying media and rescue us from more disasters to come?
What do you think?
--
"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
--
Ed Kent 212-665-8535 (voice mail only) [blind copies]
posted by Ed Kent at 9:30 AM
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