There have been booms and busts all the time thanks to America's financial system.
America's financial system is nothing more than a Vegas casino.
During the boom, richs gets ridiculously richer and during the bust, poor gets completely ripped off by the rich.
People know this.
Politicians and Economists know this.
But true reform has never happened.
Why?
Is it because ordinary people are too stupid to remember?
There must be a good reason for this.
So let's think through.
It's the system that doesn't allow people to keep focus on the important issues.
Like I said, at bust, ordinary people lose jobs, income and security.
On top of that, they are the ones being taxed to rescue the bankers who are stealing from them right in front of their eyes, right here, right now.
What happens to the few largest bankers?
Fed prints trillions of money just for them to spend, no questions asked, no plan to pay back.
Govt. gives them tax dollars squeezed out us.
Is this a losing game for the thieves?
Hell, no.
Boom or bust, it's a losing game for losers, us, the ordinaries.
So when in bust, who most desperately needs money to feed sons and daughters?
The rich or the poor?
The poor, of course.
When there is a sigh of recovery who gets more excited?
Of course, it's the poor again.
Get it?
There is no chance for reform unless there is a prolonged recession or depression for a long time.
The reason is because we starve for money to feed.
We need to work longer hours for some extra.
Recovery means more jobs, more incomes and with that we can feed our babies.
We don't wanna lose this nickles and dimes.
Then reformers talk we need to regulate this and that.
"It will be painful but we must do this now." reformers say.
What rich guys would do this time?
Of course, buying up the time and spaces of media and spread the fear.
Lobbists gather in D.C.
Signs of more headaches are being produced.
Who would resist this the most?
Of course, us.
We can at least make few bucks more now than we were in trouble.
Things reformers and thieves are fighting about just remind us the troubled time.
"At least now we are better than a few months ago.
Please leave us alone, we are sick of this." We'd say.
We would easily get irritated by preaches of reformers.
This is why no true reform happened after many busts.
And this is how we have become slaves of the system.
And it looks like politicians and their masters, thieves, have been realizing that the good time is back for them.
Will Financial Reform happen? Obama's kicking the can down the road...
Posted by
Joniwalker
at
Saturday, October 17, 2009
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