In less than a week "We The People" will advance to the the poll booth to exercise our constitutional rights to vote. We are all examining the prospective candidates with intense scrutiny. Again our choices are limited to candidates vetted buy big Oligopoly Corporations.
Voting for anyone is impossible when the selections are dismal at best. Most people cast their vote against a candidate. Voting for the best of the worse is not a Democratic process.
The American people will continue to vote under the illusion of Democracy. Until we can vote against all candidates as "None Of The Above" we may expect things will continue on the same downward spiral.
A person voting for "None Of The Above" is rejecting all candidates. When "None of the Above" receives the most votes all candidates are rejected and may not run again. A new primary is held and new candidates are selected for another election.
Our last election is a good example of voting for the best of the worse. We voted out the people who bailed out the Banks, Insurance and Auto Companies.
We then ushered in the new Obama Administration who continued the same TARP Bailouts and Free Money to the Banksters and Auto Czars. The theft validated by the Bush Administration was made legal in the Obama Financial Reform Act written by Chris Dodd who will not run again because of kickbacks from Countrywide Mortgage. If you will remember he accepted favoritism reduced mortgage interest rate from Countrywide on personal loans
The former administrations logic was the bailouts were necessary to avoid another Great Depression. They not only protected the Banksters, Insurance and Auto Czars from bankruptcy and depression, they also made record profits and obscene bonuses as they were ordained the TARP windfall from the Oligopoly Government. We The People are paying for the theft with homeless in the streets repossession of our cars and foreclosure of our homes with the Second Great Depression. The difference between the the First and Second Depression is in the First Great Depression Wall Streeters jumped out of windows and rooftops to avoid losing money. Money that truly was never theirs and existed only in their minds and paper documents. In the Second Great Depression these people were isolated from losses and instead received huge windfalls courtesy of the Bush Administrations.
The First Great Depression was a result of equal parts of greed and ignorance. While the Second Great Depression was choreographed by The Pharaoh's of Wall Street and Oligarchy politicians who win on the way up and on the way down the economic bubble.
Foreclosure is not a negative for the Banksters as they make more money on foreclosures and then resell in better times. Losses accrued investing money in the stock market is reimbursed under TARP and the Toxic Assets are the absorbed by the TARP and sold to Fannie Mae and Freddie Mac.
We The People take the loss and the Banksters live in the wealth of the American GDP in perpetuity.
The politicians then pass legislation to bolster a complete deflation of the economy. Cash4 Clunkers, 2big2fail and free money to purchase a home are devised to limit the hemorrhaging deflation.
President Obama appeared this week on The Daily Show with Jon Stewart and defended his administrations brainchild's Financial Reform and Healtcare Act legislation. The Presidents claim was they produced 90% percent of his original goals. Sadly I agree he did get what he intended. It was the American People who got the 10%.
Heckuva Job Larry Summers, "Heckava Job Brownie"
Friday, October 29, 2010
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