Assume The Position

Yesterday’s New York Times ran these three headlines side by side. JPMorgan Chase Reports Strong 3rd Quarter Profit of $3.6 Billion Federal Pay Czar Tries Again to Trim A.I.G. Bonuses Still On The Job, But Making Half As Much

When this melt-down began last October, I commented at the time, “Those bastards know exactly what they’re doing. They have raped their companies dry, stashed their cash in off-shore banks, and the government is going to bail them out.” Sure enough, that’s exactly what’s happened. It happened during the Great Depression and every major recession since, but I particularly remember the Savings and Loan debacle of the 80’s, where the money grubbers, such as George W. Bush, drained the S&L’s dry and let them default so that the FDIC (Federal Deposit Insurance Corporation) would have to bail out individual depositors at 40 cents on the dollar. I watched, and it became clear, as corporate raiders were allowed hostile take-over of sound corporations and subsequently allowed to raid the employees’ pension benefit funds as “assets” that could be used against debts, that the money grubbers would soon destroy everything honest Americans had worked for generations to build. There is no more clear example of this than American Harvester Corporation. American Harvester was one of the most respected companies and brands on earth. Naive and unaware, they allowed hostile investors on Wall Street to capture a majority of the stock. The investors immediately began dismembering the corporation. They sold off the assets and left the employee pension fund to cover the liabilities, which bankrupted the fund. (Something made legal during the Reagan presidency.) Entire families were devastated. In some cases, three generations were devastated. The son lost his job. The father lost his job and his pension. The grandfather lost his pension. They lost everything they had worked their entire lives for and now live in a community where, with collapse of the major employer, there are basically no other economic opportunities. These are the people who wave the flag, who believe the lies and dogma. It isn’t their fault. They are good family types. The kind who believe that people are basically good, because they and everyone they know are basically good. They are simple people who only want to pull their share of the load and trust that their leaders will fulfill their promises. You had better understand and believe… this is a class war! It always has been. From feudal times when we were all slaves to a king, through the industrial revolution when we were all chattel to an industrial baron, to the present day where the money grubbers are doing everything they can to strip us of any chance of financial security, this is US against THEM. If you are one of those families with incomes in the $200,000 a year range, YOU are on the front line. You are not one of them. Not even close. You are the buffer between them and the unwashed masses and you are totally vulnerable and expendable. But YOU are the major roadblock to dealing with them, because you have been duped into believing you are one of them and somehow superior to your less-fortunate neighbor. You better wake up people, or assume the position, because it's here.