Politics
Out of context: Reply #8146
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- TheBlueOne0
Best read of the day. Excerpt:
"What we are witnessing, as I have written elsewhere, is a perverse form of insurance pay off. Let’s call it political insurance. Ordinarily when insurance is offered, a premium is paid and, over time, the provider of insurance sets the rate on the premium so that they make a bit of money despite periodic payouts for accidents. What we have here is different. The financial sector, and other large patronage donors, spend billions of dollars on lobbyists and campaign contributions. Politicians then run their expensive election marketing campaigns with the proceeds. And finally, the contributors buy downside loss protection from the politicians and their appointees.
Who provides that downside protection? You and me. The taxpayer. The body politic. We get used by this refracted process, and our system is mislabeled as a representative democracy. And, to add insult to injury, we are forced to endure the the horror of the awful marketing campaigns of politicians using the their payoff money to protect donors with our the tax base. The media is on the take, too, collecting advertising revenue from financial companies and from political campaigns. Far be it for them to step outside this circular flow of funds that impedes our political system from incorporating feedback from evidence of its own dysfunction.
We are amidst a crisis of political legitimacy. The leaders of our complex financial firms have failed. They have failed as stewards of our nation’s future. They have failed as protectors of our public Treasury. Now, with trillions guaranteed, hundreds of billions of bailouts paid, and very little in the way of investigation, firings, or prosecution of the perpetrators, we are all being asked to calm down, move on, and stop acting like populists (a pejorative term when used by elite media or financiers). In the mean time, the perpetrators of this disaster confidently pay their political soldiers for another round of lobbying/campaign contribution money."
http://www.newdeal20.org/?p=2905…
Read. Please get angry.
- I have been angry , I have been tailgating like a motherfuckerBattleAxe
- but srsly , what do we do .... I say we all quit paying taxes as a form of non violent disobedienceBattleAxe
- More tea parties! :-) Okay, go ahead and thrash me now. But seriously, thanks for the post blueone.********
- Stop with the Tea Parties. You do realize they were funded by Fox to funnel popular rage AWAY from the real actors...TheBlueOne
- ...the fiscally responsible us government!johndiggity
- Good article.kgvs72