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Friday,
October 22, 2008
(Cont'd from
above)...
No, what confuses me
is how everybody
picked right now…
this AIG bonus
issue, right now… as
the moment to start
whipping out the
class war rhetoric…
look, I don’t think
that there is
anything wrong with
a good bit of class
conflict every now
and then… it is
something that my
great-great-grand
uncle Vladimir Lenin
would be proud of… I
just want to know…
where the heck were
all of you people
who were so angry
about Wall Street
bonuses… where were
you over the last 8
years… did none of
you notice that we
were living under a
lazy fair radical
right wing
Republican
government… where
was the outrage when
the Bush
administration which
believed in
unlimited tax cuts
for the rich as the
patsy for everything
was still in power…
you know George W.
Bush… who wanted to
let business self
regulate… remember
him.
All of these newly
minted class
warriors seem like
they came a little
late to the party…
at least from where
I am standing… and
this is not a case
of better late than
never… seriously,
where the heck was
the anger as
executives padded
their paychecks for
years under Bush…
while ordinary
people saw their
real wages stagnate…
and now AIG is a
villain… how about
the people in the
Bush administration
who spent 8 years
dismantling or
failing to enforce
the rules and
regulations that
kept the playing
field for you in
stocks level… these
are the people who
condoned naked
shorting… which we
know wiped out a lot
of financial
companies… these are
the people who got
rid of the Uptick
Rule, to favor short
sellers over your
401K… these are the
people who gave rich
hedge fund managers
preferential tax
treatment…
apparently they
don’t earn income
like the rest of us…
they get capital
gains… that is a
stunt that I never
pulled off when I
was in business.
I am sorry… you
don’t get to be
angry after the
fact… we were
complacent… we did
nothing… and now we
are surprised that
the rich folks who
seemed to have
screwed everything
up want to enrich
themselves at the
expense of the
taxpayer… hello…
welcome to the 21st
century… where have
you been… all of
this stuff has been
going on… in fact it
was worse while Bush
was in charge…
albeit somewhat less
transparently… but
we don’t blame the
policy makers who
let everything fall
apart… no, it is
time to just go
after the rich
bankers and the
media…. perhaps the
craziest thing in
all of this to my
mind at least… is
that now we have got
a left wing
President in Barrack
Obama… a Congress
that is dominated by
the Democratic
party… and a budget
that really looks
like the average
class warriors wish
list… class war
over… the
proletariats won
this round… maybe
nobody got the memo.
Now, the class
warriors are out in
force… over what,
bonuses… can’t they
do a little better
than that… worst of
all they have got
Congress, or at
least the House,
willing to pass
anything to obese
the angry
proletarian mob… in
fact, Congress has
become the epicenter
of the class war…
the same Congress
that did nothing and
let this mess
happen… I mean come
on… Congress’s job
is to just sit
around and hold
hearings all day…
they probably should
have had some
hearings about
everything that is
going wrong… before
we came close to
financial
Armageddon… and
maybe, I don’t know…
some of the worst
problems could have
been avoided…
instead our
brilliant
legislators are only
now trying to figure
out everything that
has happened over
the last few years…
in a nation that
they are supposed to
be watching over…
all of course in
response to enraged
voters.
Ultimately, and I
know I am going to
get torn to shreds
for making this
statement, all of
this is why
Democracy kind of
stinks, although it
stinks less than the
other forms of
government… instead
of getting mad when
the bad guys are in
control and setting
us up for a fall…
the class warriors
only come out after
the damage has
already been done…
and force our
legislators to focus
on stupid,
congenital issues
when we have got
much bigger things
to worry about… I am
a moderate… I just
want a class war
truce… as we try to
get this country
moving again.
[verbatim recap]
[end of segment]
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