Friday, September 19, 2008

Follow the Bouncing Ball

No surprise that the stock market made an alleged comeback. A rubber ball bounces high, then comesback down and hits, then bounces again...repeatedly...until the energy that released it dissipates and it rests lifeless on the ground.

In my opinion and lay studies of the current economic collapse, I realize more clearly that it is the foibles of the rich and the follies of the not so rich and working class that have created this mess that the U.S. and World will not soon recover from. Soon the ball will quit bouncing.

The rich, being the greedy bastards that they are, Love making more money for themselves. The mortage crisis has been caused by the greed of the wealthy. They made offers of easy loans to "high risk" folks so they could further inflate their coffers of wealth with steady payments of those who make payments on houses. But wait...that's not enough.

Union labor, having bought in to corruption for the most part, has not done an efficient job of organizing over the last decades and thus empoyees go unprotected and their jobs can be granted to folks in more desperate need of money who will accept tinier offerings and thus, leaving the wealthy with more wealth. So, U.S. corporations have sent millions of jobs overseas and across borders to folks whose labor can be horrifically exploited and the wages kept excessively low. Thanks to the works of Reagan, Bush 1, and Bill Clinton, conditions for the working class in the U.S. were horrifically weakened, and then along comes Bush 2 to weaken them even further.

Unions, it would seem, and correct me if I'm wrong, are not working that hard at recruiting, nor are they working hard at countering union busting firms or the violation of human rights that union busting IS (read "The Universal Declaration on Human Rights"). There is no give and take between the working and owning class. Workers do not own their work, their work is owned by the owning class. Workers have no say. Workers are in a position of expendability and thus, are truly the lowest common denominator to the owning class. Since workers have virtually no say in their labor in the U.S., and the owners have most of the say about our labor (read "Nickel and Dimed"), the workers, and ESPECIALLY the working poor are in a dangerously vulnerable position with no forms of real development to protect their assets. The rich control those.

The current mortage crisis is blamed on folks taking out housing loans that they would not be able to pay back once the increases hit. These increases of amounts like 1% don't sound like much until your mortage goes up $400 or more and usually include balloon payments of exorbident amounts. But wait, there's more...

The rich, in their desire to acquire more wealth for themselves, understand that the largest expense they have is labor, and thus look for cheaper labor markets around the world no matter the human rights violations and excessive poverty created to create their wealth. Money is virtually all they see. This, of course, takes jobs out of the American job market (not Mexicans and other folks south of the border like American racists like to believe). With more people losing jobs, especially high paying jobs, especially union jobs that are forced overseas, there are fewer people able to purchase the shit the wealthy want us to buy to continue their vast and excessively comforting wealth.

So, in their horrific excessive greed, the wealthy enjoy watching the "beasts" wallow in suffering and slow death while they enjoy oppulence and protection by paying their protectors a vast sum, with the exception of the corporate owned U.S. miliatary. Join the military, kill for the wealthy, if you're a woman get predated by your comrades and often raped, and paid little money while being forced to "obey" (land of freedom my ass) orders without question or face prison. If you are a paid mercenary who Loves killing, raping, and torturing, like...say...employees of Eric Prince's Blackwater corporation, you get paid well to kill and make suffer your fellow "beasts" so your owners can live joyfully and comfortably. You get your piece of the pie, doncha?

To make a long story short, the current financial crisis wasn't created by the poor's bad finanacial planning, it was created by the wealthy whose excessive greed blinded them to the bad exposure to collapse that their greed has led us to.

With the Fed dousing billions upon billions in credit and loans to wealthy bankers (who won't be using that money to help out us "beasts"), that money has to come from somewhere, but where? From us poor paying taxes of course. But with job losses increasing every quarter, businesses and banks reporting multi-billion dollar losses EVERY QUARTER, I think it is safe to say that their are fewer tax payers. That money will come from infrastructure, you know, programs that are designed to help us "beasts" do things like...STAY ALIVE AND HEALTHY. Our tax dollars going to the "beasts?" HELL NO! Everybody knows the wealthy deserve our money much more than we do. Give all our tax dollars to the wealthy and everything will be fine. The wealthy will take care of us, right, you know, by not doing things such as sending our jobs overseas for cheaper more exploitable job markets. And of course, we all know the Unions would never let us down...right?

War, is a tool to create vast wealth for the greedy. All they have to do for us well trained beasts is to say things like, "Russia is becoming another Hitler," and *POOF*, like magic, folks will fall in line behind the "cold war" and future "hot war" with Russia, and let's not forget Iran. If you read "War is a Racket" by Smedley Butler, you will know exactly what I'm talking about, if you don't already. Billions upon billions is being made for the already excessively wealthy with the U.S. illegal and genocidal actions in Iraq and Afghanistan, why won't a genocidal war with Russia and Iran work as well?

Because the economy is collapsing.

With the current financial crisis, the defunding of the federal government refilling the coffers of the wealthy, the greater job losses that will continue, the rising fuel costs that will continue, the fact that most of the wealth created in the U.S. is credit and not based on forms of real wealth (property, resources, etc.), I believe it is safe to say that what we are seeing is a bouncing rubber ball of an economy that will soon stop bouncing. At that point, the wealthy will no longer be able to pay the exporbident funds to their heavily armed protectors, or for that matter, the minimal funds paid to their non-thinking military counterparts. Will the killing come to an end? Will people actually start thinking and realize what has been going on all this time? I don't think so. I hope folks, like those with the guns protecting the wealthy from all forms of uprisings from their fellow beasts would be gracious enough not to be as greedy as their owners, but I doubt it. It is greed that feeds their desire to kill for "the man," as it were.

I hope that there will be a fundamental change of consciousness when the ball finally stops bouncing. I hope that before then, more and more folks are taking care of each other, helping each other, protecting each other, Loving each other enough to fight for one another. We'll see, only time will tell.

So don't worry all you gloom and doomers, the illusory stock market bounce back will be followed by yet another hit further down the hill, then another bounce up, then another drop and hit further down the hill, and soon it will have no more artificial energy to keep it bouncing way down at the bottom.

Take care of each other, folks. Take care of each other.