Did you catch last night the PBS/Front Line special on Banks, Wall Street and bailouts? All of which most Americans are aware of already. It just brought the problem to our attention once again. And we need to be reminded often because our collective memories are oh so short. Remember 1929?
None the less, during this current season of bellicose hyperbole, we need all the reminders we can get. However, phony claims are coming once again from the Banks and the Street width rapid repetition. The defenders of Big Banks, Big Finance, and Big Rip offs are crawling the streets in ever increasing numbers. Mostly in the form of congressmen and Republican presidential candidates. More specifically, from the right. Yes, Republicans are the biggest enablers of Bad Deals for America. Haters of regulations and lovers of dark places. “Take your transparency and shove it,” they might suggest.
Here is where we come in. We must ask the right questions and expect the right answers. So the acid test of their feeble intent is show us the jobs. What happened to all those tax cuts? Where is the trickle down? What happened to manufacturing? Don’t the Republicans remember Jobs-jobs-jobs! And I’m sure the same empty mantra will be shouted once again down the canyons of Wall Street. Later Shouting vociferously in a few short months by delegates to the August Republican convention.
Republicans not too long ago all but guaranteed America jobs if tax cuts are made to the rich. Oh really? Where are they? And why do we need more tax cuts? At least a dozen major tax cuts have been made over the past twenty years. Resulting mostly in very little job creation. More like manufacturing and job loss all sent to china and India.
America is finally waking up to the shallow prattles from the right. Republicans squawking empty promises again and hoping America has forgotten the Wall Street bail out and the big crash of 1929. It really hurt and we will never forget it. No! Not this time and not ever. Republicans! Shut up!
Rational voice of the Southern Plaines. Commenting on politics, religion, technology, Pop culture, radio, TV, and the general Media. If you wish to comment on anything written in the Red Dirt Post, go to chuckayers.com and to the “Contact Us” info. All my best, Chuck Ayers Editor
Showing posts with label Front Line. Show all posts
Showing posts with label Front Line. Show all posts
Wednesday, April 25, 2012
An elephant never forgets. Only sometimes.
Labels:
Behr-Sterns,
Big Banks,
Crash of 1929,
Front Line,
Hank Paulson,
Lehman Brothers,
Occupy Wall Street,
PBS,
Republicans,
The Great Recession of 2009
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