Markham's Behavioral Health

Government steps in again, bails out AIG with $85B of taxpayers money

The big lie of Reaganomics exposed. The little guy and the middle class gets screwed again as our plutocracy marches on manipulating our economy for the benefit of the rich and powerful and the politicians they are in bed with. So much for Friedman and his idiot disciples who preach a free market and a smaller role for government. I can't see how the Repbulicans have any credibility left with any Americans who have the brains to understand what is going on.

Under the Repbulican administration of the last 8 years capitalism has gotten way out of control. Now we have to pay for misguided policies and the foolishness of the American voters who put these idiots in power.

Government steps in again, bails out AIG with $85B - Yahoo! News.

Big lie exposed - No such thing as free markets

I woke up this morning to the headline on Yahoo news that the U.S. government is going to take over two of the largest mortgage companies in the United States. So much for free markets.

Of course, the government took over Bear Sterns a couple of months ago trying to prop up the investment companies.

The Republican nonsense about free markets is peddled to the working class and poor but the upper middle class and rich know that there is no such thing as free markets. Markets are manipulated by the rich, monied class and they are in bed with the government officials to line their pockets. When their schemes don't work, the government steps in to bail them out. This is another example of capitalism out of control. Here is a snippet from the Yahoo web site:

By ALAN ZIBEL, AP Business Writer 45 minutes ago

WASHINGTON - The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's mortgage debt, a person briefed on the matter said Friday night.

Some of the details of the intervention, which could cost taxpayers billions, were not yet available, but are expected to include the departure of Fannie Mae CEO Daniel Mudd and Freddie Mac CEO Richard Syron, according to the source, who asked not to be named because the plan was yet to be announced.

Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson and James Lockhart, the companies' chief regulator, met Friday afternoon with the top executives from the mortgage companies and informed them of the government's plan to put the troubled companies into a conservatorship.

It's not against the law to falsify the news - Capitalism out of control

FOX News told reporter: "We'll tell you what the news is. The news is what we say it is."

Reporters Steve Wilson and Jane Akre were first asked by FOX News and later bribed, to downplay a story they had on a cancer-causing growth hormone called Posilac which is growth hormone for dairy cows which is absorbed by humans through milk. The reporters decided to blow the whistle on FOX News and filed a law suit. After the ordeal was over, it was discovered in the appeals court that it's actually not against the law to falsify the "News."

Video takes 10 minutes and is well worth watching.

 

 

"The Red Menace", "Terrorists", used to manipulate Americans into compliance as their pockets get picked by the plutocrats - Capitalism out of control

58,000 of my peers were killed in Viet Nam. Hundreds of thousands were injured and came home with PTSD. Millions of Viet Namese were killed, for what? Ostensibly, a domino theory that communism had to be stopped in Asia or it would come to the US. Americans were convinced by the politicians during the cold war that the bogey man was at large and threatened American security.

Bottom line it was good for business selling billions of dollars of weapons and drafting hundreds of thousands of poor baby boomers so they couldn't raise too much hell at home getting high, listening to seditious music like rock and roll, and marching for civil rights.

Viet Nam was another pre-emptive and immoral war which the US lost and should have lost because it was wrong. The plutocrats manipulated the public most of whom were too stupid to see through them and they elected Richard Nixon, of all people, to end the war which he had no intention of doing and it took him 6 years to finally get around to it amidst his paranoid criminal activities which lead to his resignation to avoid impeachment.

Whether it's the Red Menace or Terrorists it is interesting how easily the public is manipulated by politicians and corporations into perpetrating evil policies for economic reasons. Once again, when people tell you it's not the money, it's the principle of the thing, you can bet your last buck, its the money.

Mammon once again reigns as the American God. Greed rules and when in bed with the politicians human suffering and death ascend to horrific proportions. Another example of capitalism out of control.

Capitalism out of control leads to the deterioration of the American soul

Most Americans are ignorant about foreign affairs. They believe in the myth that their country is pure, holy, always right and never wrong, advocates for freedom and democracy around the world. This, of course, is not true, is far from the truth, and is contradicted by the facts.

The United States is greedy, materialistic, and has advocated for and operated on its economic interests in foreign affairs since the second world war. The United States is run by a bunch of plutocrats who are in bed with the corporations, and the politicians do the corporations bidding for the corporations support in elections, and then the politicians are expected to support the corporate interests and not the welfare of the people the politicians were elected to serve.

The quote of the day today gives a brief history of the U.S. activities in fucking with Iran. It goes on to this day and is about oil.

Perhaps, even if Americans were knowledgeable and not ignorant, still the American public would support its government's colonial manipulations in the service of capitalism trampling on the rights of others around the world. Americans are a pretty greedy bunch who serve Mammon diligently with Black Friday being one of the highest holy days of the year. When terror and anxiety fill the public after 9/11, the President of the United States does not tell his subjects to turn to God, but rather he tells them to go shopping.

Greed and materialism fuel the American psyche and the daily report of the stock market performance has taken the place of daily prayer.

Considering capitalism out of control and the required trampling of human rights and human dignity in the process, it pains me to witness the deterioration of the American soul dissipating while worshiping at the altar of the golden calf.

Capitalism out of control

I have started reading Naomi Klein's book, The Shock Doctrine, and it is one of those epiphany experiences where the light bulb goes on and I think to myself, "Holy Shit, that explains it."

Shock doctrine is a very exciting book for me because Klein brings a lot of events together with government policies which finally make sense for me. My initial impression is that the title of the book could also have been, "Capitalism out of control: How greed destroyed America and wreaked havoc in the rest of the world."

In the name of capitalism, the U.S. govenment has been increasingly privatizing previous government functions by outsourcing these services to private companies making political supporters rich on the public's dollar. It is a neat scheme to keep the politicians in power giving the public's money away to their cronies crowing about less government while they rob the public coffers and turn power over to the corporations to run the country.

It is time that Americans became aware of the new paradigm since they are ones paying for it and suffering under it.

I will be writing more about this topic in coming weeks and will tag these posts "Capitalism out of control".