"We Put The U.S. Treasury Up For Auction And Goldman Sachs Was The Highest Bidder!"
.
SOTT
SIGNS
OF THE
TIMES
OF THE
TIMES
Welcome to Sott.net
The World for People who Think
Among the three of them, Ratigan, Back and DeGraw haven't got enough vision to piss straight. They are so full of themselves that they have no idea what it would take to even identify what is wrong, let alone right it.
The fundamental problem that is allowing the ruling oligarchs to use the other 99.9% of us as the means to realize their wet dreams of unlimited power is the fact that people don't know the difference between economics and politics. They literally think the two are inextricable. Here's a partial list of unquestioned assumptions that are entrenched in our system: Someone who is economically successful is qualified to be a public servant. Wealth produces happiness. A person who is smart (able to remember and manipulate information) and cunning (able to manipulate human and physical resources to meet goals) is also intelligent (able to derive meaning and ascribe human value to events, and make wise choices on behalf of human life).
People are unable to question these assumptions. That's the problem. That's why Geitner and Bernanke et. al will win this round no matter how sincerely these three fools wax eloquent about how we have to indict and replace these bastards with another set.
The only thing that would turn the momentum of human degradation around would be a Constitutional amendment strictly limiting the opportunities of economic and political powers to collude with one another, in much the same way that political and religious powers were separated after centuries of collusion and suffering. At that time, most people thought it would spell social doom if people weren't required to support the church, and if people could be elected to office that weren't good church members. But instead what happened is that religious freedom and privacy were promoted, churches didn't any longer have the right to control public policy, and the self-serving corruption among power-hungry church leadership was diminished. What happened was entirely good.
To make such a change with regard to the political and economic realms of social life, people have to first realize that what is good for economics is not necessarily good for civil human society, and that having the same people in charge of both is ALWAYS going to be a recipe for human disaster. I think people are starting to realize that, but with "leadership" such as is demonstrated by these three people, the necessary solution to the problem seems an awfully long way off.