Such is life in America today. You are only as good as where you are working and if you don't have a job, then you are generally screwed. People live paycheck to paycheck and many just to pay their credit debts.
It is tough to be an American in today's unregulated capitalist paradise.
But not for everyone. You see there are some who do fantastically well even when they mess up big time. These CEOs of some of the largest corporations in the world usually have packages given to them when they are hired, or that they set up when they are about to be fired, that allows them a firing fitting of their prestige and lifestyle. That means big bucks supplied by the saps in their former companies as a going away present.
Take for instance the CEOs of Fannie Mae and Freddie Mac.
"......Specifically, Dan Mudd, the CEO of Fannie Mae, is getting $9.3 million of severance for destroying his company. Richard Syron, the CEO of Freddie Mac, is getting $14.1 million--in part because of a clause he added to his employment contract two months ago, when it was clear the company was headed for disaster....."
Now the good news is that Dan Mudd and Richard Syron are going to do pretty well for themselves. But the bad news is that it isn't just the company that is responsible for their golden parachute but also the American taxpayer is on the hook.
So in an unregulated market controlled by corporate power, like the one that exists in the U.S., this is what you have to live with. The owners of this country do quite well for themselves even when they destroy their companies. The credit serfs, the rest of us, have to live in a state of extreme anxiety and worry about what tomorrow may bring.
But as banks fail all around us and a barrel of oil drops by 35% and the price at the pump drops only about 35 cents, you can feel good that this unregulated corporatocracy is working to bring you more of the same. It is the American way.
http://grantlawrence.blogspot.com/
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I am a writer, telecomm bedouin, third-generation seafaring man, and hunted the great steel whales. I went from being tear-gassed at People's Park in Berkeley in 1968 to helping maintain America's Nuclear Deterrent Arsenal and I embrace all the contradictions inherent in that statement. |
Ayn Rand's Predictions Come True From Her Ardent Adherents Rand characterized altruism as the creed of unearned rewards and unrewarded duties. I find it most ironic that her predictions of the "Looter Society" have come to fruition under a Republican regime that is an alliance of her two arch-foes, The Mystics of Faith and the Mystics of Muscle. We have seen the Triumph of Mediocrity these past 8 years as the unholy alliance of the Neocons(Rand's Mystics of Muscle) and the Religious Right(Mystics of Faith) propelled the Bush cabal into power and seek to replace it with the even more mediocre McCain and Palin as a succession of Mr. Thompsons. What these groups share in common is a hatred for and contempt of Logic, Rationalism and the Human mind. It is truly the anti-rationalist revolution and seeks to establish a New World Order of Corporate Feudalism with a tiny minority of the elite ruling with the Divine Right of Kings over a worlwide serfdom of the rest of us. I believe the final goal is a rapid depopulation of the planet from 7 billion to less than 1 billion through perpetual war, starvation and disease, leaving the remnants as a perpetual class of serfs and peasants to serve the Kings of Corporations. Or, as John Trudell has called it: "Using Humans to feed Being to the Machine." Read Rand's work and compare here theses to what you are seeing in the news today. by
Ishmael1 (0 articles, 0 quicklinks, 0 diaries, 36 comments)
on Friday, September 12, 2008 at 4:09:11 PM
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I work as a school counselor and mental health counselor in Gallup New Mexico. |
Excellent Observations Rand philosophy has been utilized by the think tanks as the way for America thus we are seeing the fruition. As far as the loss of population. Use them up and let them die. That I think is their philosophy. Only the elite deserve a decent life. by
Grant Lawrence (34 articles, 1 quicklinks, 14 diaries, 93 comments)
on Friday, September 12, 2008 at 7:51:55 PM
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