Elizabeth Warren used to be on point, focused on the concentration of power in the corporate banks on Wall Street, and the powers-that-be, but Trump has triggered her. And now she’s distracted, trying to prove her group identity.
The thing of it is: No one really cares about your group…as much as they care about how you treat them.
I saw a bumper sticker that said, “Too poor to vote Republican.” After laughing at the joke, I thought that it was kind of insulting to the Republicans who are poor. But then I grew serious, because this divisiveness is exactly what the Democratic party apparatus would like us to follow. Where do they get their millions of dollars to run for office? Do they cobble it together from the poor? I would guess not. Does it matter? Do they still fight for the poor? Yes, they do. But in recent years, they’ve tried to help the poor while they’ve promoted the wealthy to concentrate their wealth using a growing, unregulated banking industry…an industry that helped bring down the whole economy because of their dishonesty and greed. Of course, all of our 401k’s are with these banks, and we benefit from their dishonesty, but the question is, if we know they are dishonest, what does that make us…?
I’m amazed how many in the US could staunchly defend a political leader, or a party, given how the government and corporate institution are so intertwined and how disconnected from the community these institutions naturally have become as they have grown to their present size.
Maybe because the issues have been simplified into a reactive dualism, such as if the right takes a stance, you step just to its left and play the relativist instead of thinking about the issue, or vice-versa.
Shades of gray that require contextual and independent thinking have become the black and white of following.
When government representatives allow immoral but technically legal corporate practices, are we being just as immoral in re-electing those same representatives back into office? Does more regulation help our moral standards or just focus on legal standards? Does it matter? Why do we need legal standards when the moral thing to do is not give our business to those who are doing wrong with our money?
The government announced that starting this month, they will be buying $40 billion worth of near worthless bonds from the Wall St banks every month to try to save the economy. Using our money.
Think it will work?
Willing to bet your retirement on it?
Because if you have a 401k, you already are.