Class Warfare in America

Because of the executive pay restrictions in the bank bailout, some banks have decided that they want to quickly pay the government back the money that the government recently loaned them in the it’s massive effort to bail the banks out and get credit flowing in the economy again.

According to the New York Times the list of banks not wanting any regulation includes small banks like the TCF Financial Corporation of Wayzata, Minn., and Iberia Bank of Lafayette, La., as well as giants like Goldman Sachs and Wells Fargo.

This brings it clearly out into the open: Bankers and many other greedy Republicans have grown used to not having much regulation by the government. And now they don’t appreciate it when the government re-asserts its right to regulate their way of doing business.

This is like the rich kid in Mexico who is able get away with racing his car around recklessly, and openly taking sexual advantage of poor girls, simply because he comes from a wealthy family. The police in Mexico are well known for being corrupt and not applying the law equally. If you are rich you simply do not have to obey the same laws as everyone else.

So the anger we are seeing from the newly re-regulated rich in America is that of people who have grown used to getting their own way, and now don’t appreciate it one bit that the government thinks they have the right to question or regulate them. The same sort of attitude that allowed Bernard Madoff to steal so much money. The Enron phenomenon.

Over the last 50 years there has been substantial class warfare going on in America. And the rich have taken massive amounts of wealth from the poor and middle classes. Now that the poor and middle classes are beginning to demand that this theft stop, the rich are absolutely up in arms. How outrageous! Who do these people think they are? How dare they?
-
-
-
-
-
-
-
-
-
-
-