Wednesday, March 18, 2009

The A.I.G. Bonuses Were a Good Thing

I mad, your mad, the Congress, the head of the FED Mr. Bernanke and the Secretary of the Treasury are mad, about the AIG bonuses and the AIG bailout in general. Well, it is about damn time!
We need to be angry about this whole mess. It isn't that the bailouts aren't necessary or good for the economy. We are in the worst national and international financial crisis of our lives and extraordinary measures have been required. But the way it has been done has revealed the insulated, arrogant bubble these financial types are living in. These financial eggheads have finally been revealed for what they are, selfish, greedy paper shufflers who add no value to our economy but who think they deserve huge rewards for performing unethical and financially destructive tasks well.
I know the big democrats had their hands in the pie to but this whole thing is sooo republican. Come on lets all get rich in the stock market, where nothing is what it say it is; where lying, cheating and stealing are considered virtues. That is what we need to be angry about. Remember the tenants of the republican religion? No, not the god thing, I'm talking about their real religion, money and power, the "free" market that because of it's amazing abilities was the answer to all of our problems. If the government would just get out of the way of innocent hard working business men and let them do what ever they want to make money!
We sleep walking citizens listened to the promises and were sympathetic to their cause. After all didn't big businesses supply people with jobs, didn't they contribute to charities, weren't they benevolent corporate citizens who believed in truth, justice and the American Way. Actually, no.
Reagan started the ball rolling by advocating the government and all those darn regulations of their's were blocking honest hard working people from making money and stimulating the economy. The government, unions, laborers and OSHA were the problem in our country and Big Corporations and wealthy people were the answer, Let them go and the wealth would trickle down to the undeserving workers and laborers. And for 29 years our politicians have clung to those beliefs as though they were the Holy Grail. Even after Enron ruined thousands and thousands of people's lives and recordings were made of their traders contempt for the rules of fairness, equity and value in business transactions, there was no national anger. Just a few years ago the republicans were saying that 401K's were the logical replacement for the time honored American tradition of well funded pension plans. Those of us who believed that will now be working well into our "retirement years".
Make no mistake about it, we will be paying for the abuses that republicanism believed in for generations to come. Our taxes will go higher, our standard of living will go lower and we the people will pay for the lying, cheating and stealing carried out in the name of Ronald Reagan's philosophy of government and capitalism. We need to be mad!

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