Tuesday, March 13, 2012

Regression isn't just about receding hairlines


Talking about birth control is regressive. But then again maybe that’s the whole point, to roll back all progressive legislation ever passed from 1900 forward.
Many of the New Deal banking laws have been eliminated or circumvented, and according to Jeff Madrick in his book “The Age of Greed- “during the Reagan years antitrust bashing was fashionable rhetoric through the rest of the 1980,’s” wrote an antitrust lawyer. Funding for the Federal Trade Commission and the antitrust division of the Justice Department to investigate the monopolistic implications of mergers were cut in half over the course of the Reagan administration. Large size and market share were no longer standards for judging abusive monopoly power.”

Between regression on banking regulations and corporate consolidation, monopolies have gained the power to control the issues. Controlling a woman’s choice over birth control is an issue, but corporate control of wages and prices resulting in upheaval and a rise in poverty is not an issue. Controlling women’s bodies is in vogue, controlling abusive power isn’t even noticed, and it’s certainly not an issue. Just goes to show how the public aim is directed away from more important in depth issues such as the economy; the housing crisis, and ever-rising gas prices to focus on personal, divisive and hot button issue such as contraception.

We don’t want public money going to pay for anyone’s birth control, nor do we want public money going into regulatory agencies to protect against monopolistic abuses of power either.

Birth control is only a diversion, a misdirected stepping stone to complete regression on all progress made on behalf of all citizens in the past century. This is just a smoke screen to cause emotional distress over already settled personal issues, meanwhile the corporate/banking industry is consolidating it’s power over a country of distracted citizens. The saddest and most disturbing aspect of this is how easily the public is fooled into looking the other way, as if on command. It’s truly a shame how far we’ve fallen; literally to the point where we’re stabbing each other in the back as we cut our own throats. Meanwhile our elected politicians sworn to protect the voters best interests are laughing along with their gift-bearing lobbyists all the way to their banker-backers.

Thursday, March 8, 2012

Bilking the Boomers

When President Reagan raised payroll taxes Back in the ‘80’s it was to create a nest egg for Social Security. Now the nest egg is due, but since we skewed the books to cover the banks mistakes and endless wars; bailouts and corrupt payoffs, we talk about dismantling Social Security amid hysterics over baby boomers retiring and getting what‘s owed to them, the pittance that it is. Lost is the fact that millions of these same citizens were drafted to fight in Vietnam. That’s the final insult to our veterans after the way they’ve been treated for the last forty years. There’s plenty of bumper stickers supporting the troops, well, until they retire, then we’re afraid of paying their fair share. If you listen to the bankers and the politicians, now they’re a threat to the financial future of our nation.


Over the decades we’ve been trained to believe that we don’t have to take our obligations to fellow human beings as seriously as we do towards banks. The US government has been bailing out banks since Nixon was president. Once commercial and investment banks were allowed to merge, the banks used taxpayer deposits to make bad bets, and every time we bailed them out with taxpayer money. All administrations said we had to cover these bad bets or it would affect all assets of the economy.


According to the banks, and the politicians who they (own) lobby, these massive bank bad bets aren’t considered a burden on the nation’s debt, only the “boomers” are a burden, the very people who paid into it for ‘security’. and then paid to bail them out. For decades economists told us reducing taxes on the rich and powerful wouldn’t create deficits, it would shrink government, which plainly hasn’t worked, it’s had the opposite effect.
The motto of VEVA (Vietnam Era Veteran’s Association) is: “Never Again Will One Generation of Veterans Abandon Another“. Society should take a lesson from these retiring veterans they so were so willing to first sacrifice, and now blame for the economy.