Showing posts with label Free market. Show all posts
Showing posts with label Free market. Show all posts

Monday, December 21, 2009

Merry Christmas, from Ronald Reagan!


"I'm sending coffin nails to all my friends, and the tobacco companies are glad to finance my campaigns to boot. What a laugh!"

Smoke all the Chesterfields you want, but will Mr. Reagan's party take care of you when you're old and dying of cancer? I don't think so. Dear Ron was one of the first to attack the original Medicare program as "socialized medicine".

The refrain still works today, apparently. Corporate welfare is fine; taking care of your citizens' deteriorating health when they use your products, like tobacco, well . . . that's positively un-American.

Remember how hard it was to fight the Big Tobacco lobby in the previous century, then think about how effective Big Insurance has been in defeating decent, affordable health care.

In case you had any doubts about who runs the show, see "Class War Is Over, Working People Lost".

Smoke Chesterfields, for a taste that's mild and soothing to your throat with no unpleasant after-taste. Doctor recommended!

Tuesday, July 15, 2008

Remember When Politicians Tried the Truth?



President Carter is clearly vindicated. America had a choice. They chose good ol' "Morning-in-America" Reagan. (Maybe giving Americans the hard facts was too much for voters to handle.)

What a song and dance it's been since 1980. We've experienced the largest transfer of wealth ever from the middle class to the rich. So much for the so-called "free market" ideas and trickle-down economics of Ronnie Reagan and economic advisor Marty Feldstein ! They served only to make a small percentage of Americans (about 2%) very wealthy. Their promised middle class dream was floated on a seductive bubble of credit schemes and pipe dreams whose basis in fact was just a remake of the Ponzi schemes of old.

How many bubbles have we lived through since 1980? The junk bond debacle? Savings and loan collapse? The year 2001 internet/market collapse? Enron? Today's mortgage meltdown? Now the banks are stretched, fearing a rush on liquidity. Oh, how's our national debt situation?

Phil "Americans-are-whiners" Gramm (recent ex economic guru to "Bomb-bomb-Iran-let-them-die-of-cancer" McCain) lobbied hard in the early nineties to have investment banks excluded from ANY oversight. He got his wish. Now nobody knows how much bad paper we've sold to the rest of the world. It's causing global panic. Heck of a job, Phil!

Timin', a tick-a-tick-a-tick-a timin'…

Can you spell k-a-r-m-a? Nearly thirty years worth of blowing bubbles and pipe dreams and "they'll-greet-us-in the-streets-with-flowers" nonsense is coming back with compound interest. Instead of letting the perps get away with their usual M.O. - drifting away from their messes with golden parachutes while using our tax dollars to clean up - why not ask them to give us our money back for this grand 30-year fraud?

Think about how you might phrase that! :>)