I see it everywhere around me, friends and family that were once doing well, or even okay--struggling just to make ends meet. And it appears that the same endlessly greedy entities that are largely responsible for this draining of the economic infrastructure of the nation aren't done--not by a long haul. War with Iran, and all of the profiteering that goes along with it, has them all salivating and beating their drums daily.
The ENTIRE energy industry is a complete cess pool of greed-mongering leeches that just keep taking more and more from people who have nothing left to give. They have bled us all dry and are still trying to squeeze more, not being satisfied with the billions on end they have extorted from us already.
Then we have the ever-fraudulent LENDING industry, who not only are not punished for their fraudulent and predatory schemes, but are REWARDED by being bailed out by the equally fraudulent and criminalistic FED, and now two more lending giants are scheduled to be bailed out by none other than you and I, the tax paying peons...
How much more of this bottomless greed and illegality can this nation withstand?
Now we have a new set of dire problems in the areas of home ownership and exploding energy prices. In both of these matters the basic dynamic is transnational companies raiding the cash savings of the middle class. Because those same companies finance the campaigns of our politicians, we won't hear much talk about getting private industry to help foot the bill to pay for these crises, or forcing the energy companies to cut into their obscene profits for the public good. We will, however, hear talk about taxpayer-subsidized bailouts and various irrelevancies like McCain's gas tax holiday (an amusing solution -- eliminate taxes collected by government in order to pay for taxes collected by energy companies). Ultimately, however, you can bet that when the middle class finally falls all the way down, and this recession becomes something even worse, necessity will force our civil government -- if anything remains of it by then -- to press for the only real solution.
www.alternet.org
(visit the link for the full news article)



