Bullets (A reprint of Vol. XXII, Art. 23 … 2 years ago today … and still no one cares!)
Did you know that:
– Even though banksters and Wall Street con men blew a hole in the global economy, no employee of a major American bank or financial institution is behind bars?
– After the relatively modest Savings and Loan heist almost 20 years ago, no less than 1,852 S&L officials were prosecuted and 1,072 were jailed?
– The Goldman Sacks bankster/US Treasury Secretary, (Henry Paulson) who deregulated the financial system, caused a worldwide economic crisis, caused millions of Americans to lose retirement savings, homes, and jobs, and left taxpayers burdened with multi-trillions of dollars of new US debt, is still not in jail?
– Social Security, formerly untouchable, is now “unsustainable”, while the real unsustainables – a pre-1929 unregulated financial system and open-ended multi-trillion dollar Global War Against Terror – are the new untouchables?
– Having diverted Social Security revenues to war and Wall Street, Paulson says there is no alternative but to take the promised benefits away from those who paid for them?
– Next month you’ll again see the oft-repeated headline, “Jobless claims unexpectedly rise again”?
– Although the “official” unemployment rate is 10%, when the underemployed and those who’ve thrown in the towel are factored in, the actual unemployment rate is about 19%?
– The average amount earned by the 400 highest earning households in the U.S. in 2007, according to the IRS, was $ 345 million?
– Although the statistic is no longer made available to the public, in the year 2000 the average CEO salary reached an unbelievable 531 times that of the average worker?
– In order to create jobs, a huge amount of federal stimulus money is being provided for building wind turbines for wind farms? And 80% of that federal funding is creating jobs, not here, but overseas – in China?
– The US would have to produce 10 million new jobs just to get back to the unemployment levels of 2007?
[But that’s a pipe dream – an impossibility – unless someone in the administration has a change of heart and calls for a 1930s-type Emergency Shipbuilding Program.]