Corporate Fascism!

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Which way will wealth go?

The Direction Of Wealth





"The political brinksmanship of recent months
highlights what we see as America's governance and
policy making becoming less stable, less effective,
and less predictable than what we previously believed."

"Republicans and Democrats have only been able
to agree to relatively modest savings on discretionary
spending while delegating to the Select Committee
decisions on more comprehensive measures. It appears
that for now, new revenues have dropped down on the
menu of policy options. In addition, the plan envisions
only minor policy changes on Medicare and little change
in other entitlements, the containment of which we and
most other independent observers regard as key to
long-term fiscal sustainability
."


Standard & Poor’s Statement (Italics emphasis mine)



Today Big Business finally showed the people of America its hand. Big Business has come out with the above dictatorial statement for why they downgraded the country’s credit rating from AAA to AA+. This statement makes it clear that these Masters of the Universe want the retired, the poor and the disabled in America to pay off the National debt, and at a higher interest rating then previously negotiated. But lets look at the statements one at a time:

"The political brinksmanship of recent months
highlights what we see as America's governance and
policy making becoming less stable, less effective,
and less predictable than what we previously believed."

Let’s analyze this statement. They are right when they mention “political brinksmanship”. This administration and congress have certainly showed the American people that fanfare and drama are what they are best at. The lack of leadership is evident everywhere; but was it merely brinksmanship, or brinksmanship with a motive attached? This move by the S & P shows that motive was really what lay underneath all the political drama played out so close to the debt default wire. As I have said in my previous essay, “If you would root out corruption, follow the money!” And what pockets are now going to bulge after this statement: THE LENDERS' POCKETS! And who will pay the bill: the PEOPLE; but not ALL the people, just those without the means to pay: the LITTLE PEOPLE! Not only will the rich get away with paying nothing, but they will even increase their profits by charging the poor even more interest on the debt!

But lets move on to the next statement, especially what I have italicized:

"Republicans and Democrats have only been able
to agree to relatively modest savings on discretionary
spending while delegating to the Select Committee
decisions on more comprehensive measures. It appears
that for now, new revenues have dropped down on the
menu of policy options. In addition, the plan envisions
only minor policy changes on Medicare and little change
in other entitlements, the containment of which we and
most other independent observers regard as key to
long-term fiscal sustainability
."

But notice what the above italicized statement focuses on as the implied CAUSE and continuing PROBLEM of the payment of the debt; not the unending wars that this country has fought for over a decade, for the very same people that are making this statement (Big Business)… but entitlement programs like Medicare and Social Security! Trillions of dollars used for resources; thousands of lives lost and destroyed all to protect the Wall Street financiers and investors who have the audacity to even increase the charges the little people will pay with more interest for the services THEY rendered to them with their blood!

Go ahead; increase the interest on loans made to fight wars that benefit you, but paid for by someone else. Make even more money off the poor suckers that have fought your wars for YOU and MADE YOU RICH! AND, EVEN TAKE AWAY THEIR RETIREMENT TO BOOT!

But lets see where the REAL problems for “long-term fiscal sustainability” really lie. Why is Medicare such a problem? Why are all entitlements such a problem? There is a very simple and evident answer: COSTS! Costs that are not generated or controlled by government, but by PRIVATE INTERESTS 1 !

Energy costs, like four dollar (and higher) a gallon gasoline, which makes the prices of everything else in government and private enterprise rise, and is bankrupting the Post Office and our military. And spiraling Health Care costs, that as we speak, are rising so that greedy drug companies can overcharge for non-generic prescription drugs; and Hospitals can charge a dollar for an Aspirin tablet, or more than a suite at the Hilton for a room. But the S & P thinks that these can be ignored, and that instead, people should retire later; get paid less for the retirement they sweated a lifetime to get; and even look for jobs in other countries where these entrepreneurial masters have sent all the jobs! Why not just gas all the old people and get it over with; think of how much “long-term fiscal sustainability” THAT WILL GENERATE!

But irregardless of what they say are their reasons, they have done something which will only harm the Nation and its people, and help the few who prey on us. And that brings us to the real point of this essay, and the previous one Economics, And Questions Without Answers. In what direction is wealth leading us?

Or in other words, what does America and the American Dream really mean?

Does it mean, “Only I count”; does it mean that patriotism and Nation are obsolete and archaic misfits in a world where only profit has meaning? Or does it mean what the brave poor people at Valley Forge thought it would mean, as they froze to death fighting the greatest military force in the world, with nothing but guts, and an unbreakable will. Those soldiers who left none of their comrades behind whether they had black or red skins, or spoke a different language? That motley bunch of misfits, and non-conformists that believed they could make a difference by changing the world into a place WHERE EVERY LIFE HAS MEANING and VALUE!

Were they wrong? Did they shed their blood in vain? Are the only lives with value and meaning those that can boast their wealth?

That is what Wall Street, the supposed “Street of Dreams” has told us today in their proclamation that MONEY COMES BEFORE NATION. That is what “long-term fiscal sustainability” means: LET THE POOR PAY FOR THE RICH! Patriotism and society be damned, only THE MASTERS OF THE UNIVERSE COUNT! That is the NEW DIRECTION for AMERICA according to our ECONOMIC MASTERS!




FOOTNOTES

To return to note's origin click the footnote number at left



1 See Fotenote 4 in "SHAZAM!"









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Originally Published:

August 6, 2011

Revised:

July 4, 2014