Saturday, October 4, 2008

Billions for Billionaires

Congress has passed and co-King Bush has signed into law the "Billions to Billionaires" act. Said to bail out failing financial institutions, what it really means is that the wealth of the already wealthy will be protected while those who have lost their houses to foreclosure can bite the big one.

Good show, though, don't you think? A nice play... A nice move... In making it look like the corporate owned U.S. government was actually having a hard time deciding on this bill. It was already decided, but they can't make the public know that. If they did, it would further feed the flames of rebellion which, in this country, seems to be getting a little stronger.

Much of the money in banks comes from us here at the bottom. The common man as it were. Now that billionaires have screwed up in their greedy decision making process, which has hurt thousands of homeowners worldwide, it was the best idea that the corporate owned U.S. government could come up with to give our tax dollars to the already wealthy and their piss poor financial planning and greed while those at the bottom (as it were) are left dangling with little or nothing.

The wealthy back in the '30's were having a hard time in keeping their illegally stolen "Bonus Army" money. You see, during WWI, the military was paid in script. When it came do to pay up to the folks that fought the battles that the wealthy created in order to feed their greed, they gave the military the finger. They even paid other "beasts" to terrorize and kill some of these folks. Finally, congress decided they should do what they promised and gave the money to the members of the "Bonus Army." The wealthy were thinking, "Man, their goes our ill gotten gain and those at the bottom are gonna just spend it on..." However, giving money to those that fought the battles actually stimulated the economy because folks were buying houses, cars, food, etc., thus stimulating the economy and raising the quality of life that was controlled by the wealthy.

The Billions for Billionaires Act will do no such thing. The money will be in the hands of the wealthy instead of those who have suffered from their terrible business decisions. The money will not be used to "stimulate" the economy, because the wealthy will just maintain their lifestyles and let the common folk continue to suffer from their bad decisions.

But wait, there's more. Where is that money gonna come from? Mind you, the U.S. feels at liberty to basically print money without anything to back it. Economically, this is unsound and will be part of what feeds the impending collapse. So the money which we pay in taxes and the government just handed to the wealthy to save them from their poor business decisions is gonna COME from the public sector. That means their will be budget cuts. Their are tax cuts for the wealthy in this bill, to my understanding, which also means less income in the form of taxes, and thus less services for the "beasts."

The wealthy need us common folk to buy their products and services in massive amounts in order for them to maintain their wealth. With our money being robbed from us by the U.S. government and GIVEN to the wealthy who have to pay less in taxes now means less jobs, less food for the poor, less services, an even tighter economy as the spending power of those at the bottom continues to weaken. More people will suffer. More people will die.

The good news, though, is that the already wealthy will be fat, happy, and safe. They'll have enough money to pay cops, public and private, to protect them from the "beasts" the more we realize that this "Billions to Billionaires" just fucked us.

Now, aren't you all much happier knowing that our tax dollars are going to help the wealthy instead of "welfare queens." What greater use than to reward bad decision makers rather than mothers who need help raising their children.