More on financial stuff
Sep. 20th, 2008 02:09 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
tenayaI'm watching Real Time with Bill Maher. One of his guests is Naomi Klein who wrote The Shock Doctrine. To bottom line their points:
The lead up to this crisis has been spectacularly profitable to Bush's friends and that's why it has been allowed to happen. Wall Street handed out 33 billion in bonuses last year. Wall Street is happy today because it's Christmas morning and all their debt has been removed. If McCain becomes president, he will use this crisis to say, we can't afford Social Security or health care and it must be privatized. He will promote even further deregulation "to speed recover." This bailout will severely handicap programs that assist Americans in need. Deregulation will breed corruption because there is no rules to stop it.
Shouldn't I be hearing these perspectives on the news and not a comedy show??
The lead up to this crisis has been spectacularly profitable to Bush's friends and that's why it has been allowed to happen. Wall Street handed out 33 billion in bonuses last year. Wall Street is happy today because it's Christmas morning and all their debt has been removed. If McCain becomes president, he will use this crisis to say, we can't afford Social Security or health care and it must be privatized. He will promote even further deregulation "to speed recover." This bailout will severely handicap programs that assist Americans in need. Deregulation will breed corruption because there is no rules to stop it.
Shouldn't I be hearing these perspectives on the news and not a comedy show??
