The blog of a North Country Swede!

Monday, October 26, 2009

Lackeys of the high priests/gurus pf financial services — a comment on HuffingtonPost.com

How the U.S. Blew Trillion-Dollar Trade of Century: Mark Fisher
Commentary by Mark Fisher

Oct. 26 (Bloomberg)

"Unfortunately, our leaders in Washington lacked the shrewdness required to guarantee taxpayers a permanent ownership stake in the banks their money was being used to save. An innovative investment solution could have secured some of the necessary funds to fix our disaster of a health-care system or Social Security mishap."

They didn't lack the shrewdness required, rather they were (are) lackeys of the high priests/gurus of financial services, the new elite siphoning off the wealth created by the labor. This is the age-old continuation of slavery, feudalism, fascism ... a political structure supporting the economics of some form of slavery: robbing the workers.

America beccame great on the promise of a fair share of the wealth our work — mental and physical effort — helps create.


Read more at: http://www.huffingtonpost.com/2009/10/26/how-the-us-blew-the-trill_n_333330.html?show_comment_id=33426985#comment_33426985

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