Main Street quakes when Wall Street shakes, and today is no exception too the rule. The nation is trembling beneath the uncertainty that is bouncing Wall Street giants around like pin balls in an earthquake. It is getting to the point where the more idiotic the political “reporter” makes his or her story, the more some folk like it.
After all, it’s more important to clamp down on real or imagined political insults than it is to formulate an equitable plan for restructuring the nation’s vulnerable monetary and banking system. It is more important to come to the bottom of the “pig insult” than it is to punish felonious bankers, and restructure our antiquated, self-destructive banking system.
Lehman Brothers has filed for bankruptcy protection in one of the largest (again…) bankruptcies in the nation. Bank of American purchased Merill Lynch and the Federal Reserve and other major banks are opening up the spigots, praying that flushing “cash” in the system will shore up the holes and quiet the ruckus. Wall Street looks like a dangerous game of doominoes (dominoes, apocalyptic style) and the players are running around, looking for a rescue.
Only one problem: many of the would-be rescuers are a hairsbreath away from disaster themselves.
Not to fear, though. Somebody, somewhere will save us from our inattention, greed, ignorance. Somebody. Somewhere. Sometime.
Yeah, right. Dream on, there, sheeple. Look for the savior with a white hat--and look closer for the fangs and carnivorous smile.
Solving this mess will entail pulling ourselves away from the idjut box and demanding that our leaders work at something other than scandal mongering and mud slinging. And that’s the problem. This crisis is so monstrous and has such destructive potential, that you can bet more idiocy and diversion is cooking as we speak.
If people stepped away from the diversions and kept looking at what is really happening within our banking and economic system, you can bet your bottom dollar that they’d be interested in more than real or imagined ‘pig insults.’ For sure they would be asking tough questions and not falling victim to childish questions of whether one candidate “disrespected” another.
Political writers around the nation note the opinions of the Republican and Democratic campaign’s candidates. An AP writer pens, “With chaos rocking financial markets, John McCain assailed "greed and corruption" on Wall Street and promised to clean it up, while Barack Obama blamed White House policies and said his opponent would only deliver more of the same.” (15-Sep-08)
With the Obama-Palin-McCain soap opera grabbing headlines, we forget that there is a third party candidate for President. Cynthia McKinney, a former congresswoman from Georgia, is running for President on the Green Party ticket, but you would never know it, given the pig, lipstick and out of wedlock baby news coming from the main stream news streams.
Whether you agree with her politics or not, the fact that McKinney is a BLACK WOMAN, a former congresswoman who served six terms in the House, a woman who came out against the ‘war’ long before others did, and is on the TOP position of her party’s ticket, should merit more news coverage than the “pig insult”.
The Green Party’s website provides a partisan rendition of McKinney’s history and views, much of which has long since been “lost” by the mainstream media:
McKinney lost her seat because Georgia allows cross-over voting during primary electionsm and thousands of Republicans in her district voted on the Democratic ballot in a strategy that's prohibited in most other states. That minor incident in 2006 between McKinney and a Capitol Police officer was a media exaggeration -- no charges were ever filed. If the same scrutiny had been given to White House high crimes and constitutional violations at the time, Bush and Cheney would have been removed from office by now. In fact, McKinney was the first member of Congress to introduce a motion for impeachment, while Obama and most of his fellow Dems have rejected attempts to hold the Bush gang accountable. (votetruth08.com)
These days, we don’t want to hear anything the mainstream media ignores and sidetracks, particularly when that news could give us nightmares. Nightmares about the collapse of the nation’s financial system. Nightmares about the loss of our homes, cars, pensions, and bank accounts. In short, we’d rather escape into fantasies rather than deal with news about the possible, or even probable collapse of the nation’s banking industry, real estate market, and yes, “our way of life.”
Who needs the reality of a nightmare economy when we can divert ourselves with “The Young and the Ridiculous”, “As the Candidate Spins”, and “All My Lobbyists”?
And, here is the reality of what we are running from. Insurance giant AIG is looking for a massive amount of cash to shore up its allegedly shaky foundations. The company’s shares lost over half their value as of September 15, according to major financial reporting sources. The company reportedly will divest itself of several divisions in order to raise cash, as the market nervously looks on, following a tried and true path taken by scores of other troubled financial services companies.
