The Wall Street Massacre
I won’t attempt a diatribe here. At the ripe old age of 24, I find myself in such a whirlwind of bubbling sweat, night fits, nasty dreams of ten-foot-tall senators laughing with blood pouring from their mouths, and eye twitches that I can’t even turn on the cable news networks anymore. My explanation of a solution to this problem is only served by showing you directly how I came to the conclusion that a bailout is not the answer. As usual, someone else will be more concise and effective at encapsulating all my frantic thoughts and fears.
We face a financial mess that will assure whoever wins the Presidency in November (I predict Obama wins by a narrow margin running on his supposed economic ‘credentials’) will preside over the worst depression in U.S. History. My father received a form letter from Pennsylvania Senator and all-around Swine (here’s to you, Hunter) Bob Casey’s office. Inside, he cited numerous financial experts and, gasp, Paul Krugman as saying someone needs to “step in soon.”
Here we are, an allegedly free society operating in a capitalist market, surrendering our Constitutional rights and basic human freedoms every day in the name of security, out of fear of terrorism, about to take an even worse step. At least it appeared as recently as 2006 that neo-conservatives were entertaining the idea of allowing the free market illusion to persist through 2010 or so. Now, with some assists from Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, a calculated panic is being brewed up. Why bother stopping at surrendering our civil liberties? Let’s take that next soaking wet step, shaking in our boots, toward full-blown Corporatism. I won’t link you to a Wiki article about corporatism, but let’s just say Benito Mussolini was a big fan.
You need not worry if you haven’t written your Congressman or Senator to tell them to vote against any and all unconstitutional bailout packages that are designed to temporarily relieve stress on the market but ultimately accelerate the destruction of the dollar. It all hit me when I was reading some collected installments of Hunter S. Thompson’s column from ESPN.com Hey Rube, in which he alludes to people in high powered National politics as high-risk gamblers. They really are no different from an Old West fish who would bet the ranch and his daughter on one last fateful roll of the dice. That’s precisely what the corporate-controlled misers in Washington are telling people in America we need to do. Come on, papa needs a new pair of shoes.
But hey, don’t take it from me. Fuck, I’m an unemployed college grad who spends more time on Monster.com than every other web site combined. Take it from a seasoned member of the House Financial Services Committee, Free Market Economist, fiscal conservative (in a true sense), and generally rational and logical person. And if you’re of the few out there who still believe he’s an old kook, go ahead and dig up some videos like these from around this time last year and see how “fringe” his predictions and assessments have turned out to be…….
I am not trying to be nifty. I intend for only the provocation of thought and reason in people who right now are shackled to the logic of fear and guilt and trepidation. So if I appear as someone pressing the “I told you so” button in a mocking tone during such a serious time in our nation’s history, let me remind you that I am a student of our founding fathers–of the letters, pamphlets, and essays by Thomas Paine, Benjamin Franklin, Thomas Jefferson, John Adams, and as Paine felt I now feel. For I am not a condescending governor on some central banking board trying to coach some elected official on how to tell his constituents that their being poor is fixable through a means which has brought about the very suffering they so desperately wish to alleviate.
I firmly believe the Constitution as a living document is in these times highly underrated and too often cast aside as an attempt by the dead to control future generations to their own desire. You see, the court of public opinion, crippled by constant input from “financial experts” and “investment experts” and lifelong politicians, is now Cato. I, and many other freedom-loving, middle-class people like me, must then be the Forrester. This is my letter.
Good luck.
~ by mdlibertylives09 on October 1, 2008.
Posted in Business, Culture, News, Politics
Tags: aig, bail out, corporatism, crisis, economy, finance, free market, government, socialism

Leave a Reply