Bailouts and Failures
As the US and World Financial markets crumble deeper into oblivion there is a major portion of the country and the world who just don’t give a damn, and that is because it just really does not effect them. Baseless rhetoric is repeatedly broadcasting the need to helping those faulting on their mortgages and bailing out the financial markets by using depression like imagery; however this “crisis” is more of a crisis for the rich and those who falsely believed they were rich.
The poor and moderate income classes have been struggling for years. Most Americans have been struggling to pay for health care, fuel, and food bills before. It really did not matter to the Republicans, Democrats, and other talking heads until it affected their interests. An investment with Lehman Brothers was the last thing on most American minds, for it was an activity for the select few. The repeated economic myths either keep people struggling to maintain their lifestyle or push them into depression for feelings of inadequacies. Installed upon us are the myths of the American Dream and “middle class” which have become so prevalent that there is an illusion of a common “middle class” culture.
Politicians manipulate those myths to captivate the populace to their political persuasion. The myth of the American homeowner is so wide that it is common belief that most people own their own homes, but in actuality only one-third of the population does. Furthermore, reality dictates that most Americans do not have the money to invest in the “financial markets” because they just do not have the money. So while the media trumps the continual mantra for the economy, we the people should realize that the actual crisis is for the rich.
While yes, even though I do criticize the “trickle down” theory of economics I do realize that there are residual effects from the economic crisis, so there are needed actions to help
People are the priority; therefore before any bailouts we should reinstitute and introduced new checks on the economic system to prevent these failures from happening again. The “Free-Market” mantra has failed and it is time to rethink the ideology of greed and constant growth. Senator Bernie Sanders of
It is quite evident that “Free Market” has failed, so let us advance society to a “FAIR-MARKET” where workers are paid for what they are worth, farmers are treated with dignity, and jobs are prioritized based on the importance they are to society, such as teachers, fireman, social workers, and nurses, not a trans-hyper-conglomerate-market-analyst. Business as usual will no longer do, if the system is not fundamentally change the country will collapse further than before.
“Those who produce should have, but we know that those who produce the most - that is, those who work hardest, and at the most difficult and most menial tasks, have the least.” Eugene Debbs - American Presidential Candidate who was jailed for his socialist viewpoints. - In