by Jeff Siegel
They invaded Iraq, and we said, “Well, OK, because Saddam is such a bad guy.”
They let New Orleans die, and we said, “Well, OK, because I don’t live there.”
And now they’re going to bail out the banks, and they expect us to say, “Well, OK, because finance is so confusing.”
Well, it’s not OK, and it’s not confusing, and it’s about time the American people said so.
Enough is enough. In the past eight years, the Bush administration has run the government for the benefit of rich people, and they’ve run the country into the ground in the process. Tried to get a mortgage lately? Tried to buy gas? But what do they care? Does Treasury Secretary Henry Paulson have a mortgage to pay off? Does Dick Cheney sit at the kitchen table and write checks, trying to figure out how he is going to stretch this month’s paycheck to cover all the bills? Does George Bush even know how much a head of lettuce costs?
The bank bailout is more than bad policy. It is morally reprehensible: rewarding rich people people who fail for no other reason than they are rich. And I don’t exaggerate. The 2005 bankruptcy bill, which made it more difficult for consumers to declare bankruptcy, was praised by the Bush administration (and its Democratic allies in Congress) because the law made it harder to “abuse” the bankruptcy laws. So working people get the shaft, while the rich get a welfare check.
And, because the Bush administration’s arrogance knows no bounds, they tell us that we don’t understand why it’s needed, that we must do it immediately, and that they know better than we do.
Which is, to use a French expression, a bunch of merde. The only thing they are better at is covering for their friends. The Financial Times, hardly a wellspring of Bolshevik thought, understands exactly what is going on. These companies are getting bailed out not because they are too big to fail, it wrote during the AIG fiasco, but because they are too connected.
And we’re not, so we get screwed. Which is why it is time to say we will not let them do this to us any more. It’s still our government, despite their best efforts at taking it away from us — unsanctioned wiretaps, tax cuts for the super rich, and all the rest. So now we need to do something about it. And that’s as easy as walking into a voting booth in November and throwing the bums out.
(Political graphic by AZRainman. To see more of AZRainman's work, please check out his blog.)
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by Jeff Siegel