I sick of "It can't happen, there's no way they could've"

The most Buddhist thing about America is Economics, "all things are interconnected." And of course they are. I am sick of feeling bad for my fellow Americans who are so bogged down by managing their own small lives to see the bigger picture, I wish I could stop caring but I'm not made that way. America's savings are not safe when bank presidents and pention managers take risks on investments. And now, thank you Bush administration and Ben Bernanke, even the safe investments in commodities and the US housing market are unstable.

Money is being stolen from the lower and middle class America everyday and siphoned through Wall Street to the top 1%. Those 1% are ruthless and do not use morality in where their money comes from, they know there is blood on their hands. This goes back to Reganomics, a cute word for the dispicable move from transparent markets to deals being done in private. The "Rebpulican" ideal of business being able to solve everything is what is ruining business, we need regulations and transparency in order to protect our citizens and their businesses. Oil, America's most hard-to-come-by need is secured in deals between people in closed rooms who only want the price low enough so people will pay, pay over food, health care and medicine maybe, but pay and not boycott.

Something I'm realizing in life is that an organizations main goal is to look out for the welfare of the organization, not the outside world. I see this most evidently in the Bush administration's use of Military testimony as proof for the continuation of the war in Iraq. Of course a General is going to opt to keep fighting, that is what they do. Economists and business leaders do the same, they want the economy to keep growing, no matter the consequence. Many towns in America have asked Walmart to leave, have they? Do the citizens of those towns have the right to kick them out? No.


I wish I had the ability to pay enough attention to the details of the economic happenings of this country to be fully knowledgeable but I don't, I only catch bits and pieces. First I heard that subprime lending was dooming our economy. These are loans, as I understand, are funded by banks who only have 10% of the money in real cash in order to trick poorer people into thinking they can get more house than they can afford. So, does the government, who is supposed to regulate this kind of thing, do anything? Yes, they bail out the banks who gambled and lost when the poor middle class folks defaulted. Now Fannie May and Freddie Mac, two "government" started agencies with way to much power and money, are failing because the money which was supposed to fund them has also been stolen by these sub-prime lenders and housing market speculators.

All things are interconnected. Why did you get a check for six hundred dollars in the same year when gas went up 50%? To siphon money out of the middle class, that check we cashed is a debt we have pay later, there is no such thing as a free lunch.

I only hope the principle of karma is also real, the lower and middle income people have a lot coming to them. (Rant)

H