Friday, December 22, 2017

Making America Great (Depression) Again

I knew the Republicans were up to something. The last recession only wet their appetites. Nothing clears the head and purges the system like a full-blown depression.The new tax plan is all about that, setting the stage for a financial version of musical chairs, calamity-style. Some people will arbitrarily make a killing. Others will be killed, some (of us) literally. 

We aren't even in the room but will suffer enormously. The common cloth of mankind has been collateralized and marginalized. It was widely written about after the last collapse they caused, incited by indiscriminate deregulation and markets unbalanced by over-capitalization. Risks and losses were socialized. Profits were pocketed and privatized.

This is the Republican version of socialism. Everything moves upwards from the mouths of the poor to the portfolios of the rich. Anyway, Merry Christmas. Be sure to keep Paul Ryan and Mitch McConnell in your prayers. They simply can't live comfortably outside of the presence of exploitation and despair. And wrecking an economy the size of ours is hard.

No comments:

Post a Comment