From the CEOs to the Unions, greed got us to where we are.
By Jack E. Lohman
As the Republicans prepare to win the House, I could even accept putting them in charge of Medicare and Social Security if only I knew they were not taking cash bribes from the insurers and bankers who seek their privatization.
Our nation is in serious shape, and it can only be attributed to our corrupt political system and the politicians that share in the corporate gains. Thankfully the Dems are as corrupted by the cash bribes from labor interests to keep Social Security and Medicare relatively safe, or we’d be in deeper trouble than we are.
But that’s sad testimony and neither party can rejoice. Get the bribes out of the political system and most of us wouldn’t care which party was in power, because we’d know that their heart (and wallet) rests with making ours a prosperous and fair country. Now we have to vote on the basis of whose pocket a politician is in.
But it shouldn’t be that way
A few greedy CEOs at the top are willing to outsource jobs to other countries because their wages are one-tenth ours. The difference goes in their pocket and they are willing to share their gains with the politicians that allow it to happen. It is they who write the laws to insure that it (and a piece of the profits) kicks back to them.
And then we have those damnable union guys who fought for higher wages and inadvertently made it more attractive for the greedy CEOs to send jobs to countries with lower wages and higher profits. Union bosses — interested in driving up their own wages — and union members mistakenly believing that if CEOs can earn $50 million salaries they should be able to share in the wealth.
Natural feelings all, but that’s not the way the game is played when one side has the wealth and the other does not. Our problem is that we allow that wealth to be shared by the politicians who write (or don’t write) the laws.
Those who put all the blame on the Unions or the CEOs have it wrong. They best look at the nation’s leaders who gain from the spoils.
When will it end?
While everybody else’s wages took a dive, Bloomberg reports that the top 1% wage earner’s pay quintupled in 2009. The top 25 hedge fund managers took home $25 billion, with the highest at $4 billion (with a “B”). And all of this wouldn’t be so bad if it all came from GDP growth, but it didn’t. It came from a transfer of wealth from the nest egg’s of the lower 99% (jobs, home values, foreclosures, 401(k)’s and other retirement plans).
Like they say, the rich get richer. But…
This is not going to have a pretty outcome
The war will someday stop and our troops will come home. But are we setting ourselves up for a military takeover of government? Surely the defense industry is not going to be happy with no wars, and will the Blackwater’s of the world step in and make things right (their way)? After all, Bush hired them and trained them and armed them.
What now, if there are no wars to fight? Will the recipients of the bribes simply change?
Can anybody see how these dominoes are going to fall? At 73 I’ve enjoyed my America, but I worry about the county my kids and grandkids will face.
There’s no good to come from it…
Transparency International lists corrupt governments and has America’s as tied for “22nd best.” Iraq and Afghanistan are 125th and 126th, respectively, so it’s nice to see that our foreign aid is being spent wisely and goes into the right pockets (yeah, right!). Canada is tied for #6, Mexico #98.
But why isn’t America listed FIRST rather than 22nd???
That spot was tied by three other countries, Singapore being one of them. But I understand that they execute corrupt politicians when caught (now there’s a thought!)
So whatever your political party, you and your family are in great peril. We must demand public funding of campaigns. After that things should begin to level out.
It is the ONE ISSUE that affects all others, and our nation’s progress and sustainability. But of course both the D’s and R’s left it until after we had a divided congress to address. Can you trust either one of them?
Nobody, except for those top 1%, can be happy with our current, bought-and-paid-for congress.