Am I the only one who remembers the 80s as a sad and tortuous time for Americans?
The sharks changed all sorts of economic policies and then ran rampant using and abusing banking and savings and loan institutions, until their financial houses of cards fell under their new and greedier definition of Capitalism. Apartments were overbuilt and stood empty. Mini malls were overbuilt and stood empty. Equity was removed from absolutley everything everywhere and things fell apart. I know this because my husband of the time was busy leading the pack in Arizona....though he stood behind the front men feeding them their legal excuses for their actions.
A callousness grew back then and people looked upon the average American as a mutt dog at the finest dog show on earth. The rich got richer, the thieves got richer, the criminals got richer, the bankers got richer, the real estate mogols got richer and the rest of us paid when they let it all crash and implode into our simpler more workaday lives. I left that husband, saddened by who he was and all that he found valuable.
It has happened again and the Republicans have let it happen again and we little people are paying to bail them all out again.
I want someone to redefine Capitalism once again as the kinder gentler and more decent thing that it was before Reagan.....I didn't mind some of his ideals. I just hated what his people did with his changes in economic policies, how they sought ways to exploit the changes and were not stopped by anyone. How they let the government (us) cover for them and their greedy, poisonous activities.
Bush has once again raped the middle classes and poor by allowing His People to run economically rampant with the country's money, our money. China owns us now, Japan owns us now, everyone owns America's future as loans that they made us, but us.
They have taken out those horrendous PayDay Loans on America's paychecks with the Chinese and any other foreign government who would co-operate and the Republicans could care less about the terms of those loans as THEY will not be repaying them. Democrats repay them and then let it all happen again. I don't understand this.
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The Republicans sold us, our future to foreign nations to finance their gleeful spree. If those loans are ever called at the same time, we will crash like Brasil did, if you remember that far back, how we made them crash.
I think that for all their conservative posturing, it is the Republicans who, when they win elections, go on truly gleeful and hedonistic spending sprees. At least, when the Democrats win and tax us, and don't sell our futures to foreign nations in the form of loans, they behave in a more honest way with us citizens. The Democrats pull the money directly out of our pockets and then they spend that money on us, on the poor to catch them up or to rescue them from absolute devastation and they spend money on the middle class to make them secure and hopeful and optimistic again. They do not buy yachts and have sprees to Dubai with 20 co-workers where anything goes, or buying real estate and bank accounts in Costa Rica for their final getaway.
I would rather have someone tax me and look me in the eye than sell me and mine to someone and then slink away like coyotes with full tummies.
How about you? What would you rather have, see, experience, put on your grandchildren's future Things To Do List, or explain to your busted old parents who just lost everything??!?!?