Big Money and Big Government form civil union
May 13th 2009 15:43
By Ray Tapajna, Editor and Artist at Tapsearcher sites
The civil union of Big Money and Big Government
The illusion of a Free Market place continues, as President Obama and company jump over the lost working class and fund the financial markets. What is good for Wall Street is what is good for all as Big Money and Big Government merge. The Repubican Conservatives in the U.S. keep trying to sound like Republican Conservative but once their channels of money supply was secured by Big Government, they can no longer claim they are the party for real free enterprise.
The free enterprise system took the big hit once the U.S. financial industry became a political giant. As both parties merged in the passing of Free Trade as the main tool for Globalization, there is only one party. You can call it the Socialist Capitalist or the Capitalist Socialist party. It does not make much difference which comes first. However the mainstay of this new entity is Socialism mainly for those on top and not those on the bottom. President Obaman and company now jump from rock to rock over the constant flow of the jobless, the underemployed, the working poor, the underclass and a vast population missing in action from any kind of real reporting. The unemployment rate is obviously fiction based on the realities of the streets of U.S.A. No one seems to challenge this obivous lie as only 37 percent of all workers in the U.S. qualify for unemployment insurance. More than 60 percent of Americans live in a cloudy economic limbo which lacks any real definitions of conditions.
The flow of Wall Street and Financial leaders continue in Big Government. Robert Rubin , a co-chairman of Goldman Sachs was the Treasury Secretary under President Clinton as they rolled over all opposition to Free Trade and Globalization and said let the money games begin. Rubin later became chairman of Citigroups executive committee. Henry Paulson , CEO of Goldman Sachs was Treasury Secretary under President George W. Bush. John Snow, Paulson's predecessor left to become chairman of Cerberus Capital Management, a large private-equity firm that had Dan Quayle among its executives. Alan Greenspan, joined Pimco, perhaps the biggest player in international bond money, as a consultant after leaving the Federal Reserve Bank's top job.
The flow of Goldman Sachs employees put Big Money people in the halls of power in Washington DC. Big Money thought they could do it all inside and outside government. And perhaps they were ready for the worst case scenario when the bottom fell out.
Meanwhile on all the major TV news channels and in newspapers throughout the country a game of good cop and bad cop continues as commentators take each other on about liberal and conservative stances that no longer really affect the Civil Union of Big Money and Big Government. It is as if both sides are playing a game on the sidelines to deter people from noticing the big game on the field.
The civil union of Big Money and Big Government
The illusion of a Free Market place continues, as President Obama and company jump over the lost working class and fund the financial markets. What is good for Wall Street is what is good for all as Big Money and Big Government merge. The Repubican Conservatives in the U.S. keep trying to sound like Republican Conservative but once their channels of money supply was secured by Big Government, they can no longer claim they are the party for real free enterprise.
The free enterprise system took the big hit once the U.S. financial industry became a political giant. As both parties merged in the passing of Free Trade as the main tool for Globalization, there is only one party. You can call it the Socialist Capitalist or the Capitalist Socialist party. It does not make much difference which comes first. However the mainstay of this new entity is Socialism mainly for those on top and not those on the bottom. President Obaman and company now jump from rock to rock over the constant flow of the jobless, the underemployed, the working poor, the underclass and a vast population missing in action from any kind of real reporting. The unemployment rate is obviously fiction based on the realities of the streets of U.S.A. No one seems to challenge this obivous lie as only 37 percent of all workers in the U.S. qualify for unemployment insurance. More than 60 percent of Americans live in a cloudy economic limbo which lacks any real definitions of conditions.
The flow of Wall Street and Financial leaders continue in Big Government. Robert Rubin , a co-chairman of Goldman Sachs was the Treasury Secretary under President Clinton as they rolled over all opposition to Free Trade and Globalization and said let the money games begin. Rubin later became chairman of Citigroups executive committee. Henry Paulson , CEO of Goldman Sachs was Treasury Secretary under President George W. Bush. John Snow, Paulson's predecessor left to become chairman of Cerberus Capital Management, a large private-equity firm that had Dan Quayle among its executives. Alan Greenspan, joined Pimco, perhaps the biggest player in international bond money, as a consultant after leaving the Federal Reserve Bank's top job.
The flow of Goldman Sachs employees put Big Money people in the halls of power in Washington DC. Big Money thought they could do it all inside and outside government. And perhaps they were ready for the worst case scenario when the bottom fell out.
Meanwhile on all the major TV news channels and in newspapers throughout the country a game of good cop and bad cop continues as commentators take each other on about liberal and conservative stances that no longer really affect the Civil Union of Big Money and Big Government. It is as if both sides are playing a game on the sidelines to deter people from noticing the big game on the field.
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Comment by Morgan Bell
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interesting stat . . . thats very low really, the insurance companies should not be able to exclude so many people
Comment by Tapsearch Com Editor
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Workers do not make enough money in any given period to qualify, others do not work long enough at one job to qualify and others have more than one part time job at a time but do not make enough at any of the jobs to qualify.
Years ago the unemployment rate was tied to the those collecting unemployment but today there is no link because of this. The unemployment rate is also questionable when compared to the reporting methods in the past when primarily only full time 40 hour a week jobs were counted. Today a person making only a $100 a month is considered employed.
We welcome any data that conflicts with the above.