JDArtist's Blog

The Entitled Ones are always saying: “Let the market decide.”

We of The 99% reply: “You want it, you got it!”

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46.2 million Americans – that’s 15.1 percent of us – now live in abject poverty. We rescued the Too-Bigs, now they are tossing families into the streets and demolishing their foreclosed homes. People are struggling to survive in tent cities right here in the United States of America. World-class tax dodgers are downsizing and outsourcing us, quite literally, to death.  We are considered no more than collateral damage, mere sacrifices upon the Altar of the Almighty Buck.

Millions jobless… homeless… sick… shivering… hungry…. and the sociopaths in charge of this star-spangled neocon/neolib asylum DO. NOT. CARE. In fact, they think it’s FUNNY!

It is impossible to do the ‘bootstraps’ thing when someone keeps stealing your boots!

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So we are taking a stand.  We’re hitting them in the ONLY place that they care about: their own wallets. We are moving our money. Some folks on Facebook picked today as a special day to get the ball rolling.

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The FBI began using the word ‘epidemic’ to describe mortgage fraud in September of *2004* predicting that it would cause an economic crisis if it were not contained. Greenspan, Bernanke, and Geithner knew exactly where we were headed, but failed to take action. The highrollers were having waaay too much fun sitting at the gambling tables with other people’s money, donchaknow. Until Reality once again reared its ugly head and it became obvious that all of those pretty zeros existed only on paper. The money – trillions of dollars – never actually existed!

When time came to settle up at the window, the modern-day Medici wannabes had to admit that the jig was up. Technically, they were insolvent and screamed for help – by threatening to bring down the entire global economy! – and the entire mess suddenly became a Big Freakin’ Emergency™. So the FED “rev’d up the presses” to pay off their gambling debts. FOREIGN banks and their U.S. subsidiaries received a huge chunk of that $3.3 trillion in TARP funds.

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C’mon… Help out a bro in need!

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First, some words of wisdom from Abraham Lincoln, on January 11, 1837 ~ “It is an old maxim and a very sound one, that he that dances should always pay the fiddler. Now, sir, in the present case, if any gentlemen, whose money is a burden to them, choose to lead off a dance, I am decidedly opposed to the people’s money being used to pay the fiddler… all this to settle a question in which the people have no interest, and about which they care nothing. These capitalists generally act harmoniously, and in concert, to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people’s money to settle the quarrel.”

And a recent, succinct summation of our current economic conundrum from Common Dreams forum member “matti” ~ “Criminal financial enterprises lent out money they didn’t have, then expected you to work and slave to pay back that “debt” (that they made by magic into an asset – for them) with REAL money. When you couldn’t do it, they had you kicked to the curb. And now, when too many of us have been screwed over in this way for them to pretend that these debts are really assets, they demand that YOUR Government use YOUR Treasury funds to bail them out!”

Yep.

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The situation keeps getting scarier and scarier……

I just happened upon an official FDIC Failed Bank page with links to info that may be of help to any affected depositors.

Twelve have failed so far this year. (That doesn’t include the latest humongous quagmires: Lehman Bros since they declared bankruptcy rather than being seized, Merrill Lynch since the Feds arranged for Bank of America to buy them out, or AIG since it’s an insurance company.)

That evil Reptile Phil Gramm — the one who called US “whiners”! :-P — must be laughing his derrière off since he’s the one who obliterated Glass-Steagall (late in the Clinton administration), the rule that kept private commercial banks, investment banks, speculators et al. from commingling, taking the kind of risks and doing the kind of damage that they’ve done to each other and to far more innocent others.

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As mentioned on my Bush/Cheney Administration page, in a country where the economy crumbles due in large part to a criminally fraudulent “creative financial products” bubble-burst — as home values plummet, bridges collapse, hardworking people max out their plastic just to cover necessities, and many families end up sleeping in their cars or on the streets — there could be a virtually endless supply of overwhelmed debt-slaves and desperate indigent people to serve as cannon fodder for the Neo-con men’s excellent global-domination adventures or as indentured servants in the “enterprise zone” work camps being built, even as we type, by our fine fiends… um… friends at KBR.

The fiscal abyss into which we’re falling is not the result of incompetent governance; nor was it merely caused by the actions of a few greed-driven flimflam men in $2k suits.  They all know *exactly* what they’re doing.  The top 10% now own 85% of our nation’s wealth and assets.  This was THE PLAN.  And they are still not satisfied.

The New American Nobility — our corporate overlords, their willing puppets on the Hill, the nattily groomed MSM shills on teevee, and the loyal stenographers of the Waffle House Press Corpse (dear Helen excepted!) — honestly believe that “society is best served” if We The Peons are forced to, quite literally, live and die in service to The Entitled Ones.

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