Trey Smith
Rumor has it that as early as today, after months of negotiation with big banks, the White House may announce a settlement that would let the banks off the hook for their role in the foreclosure crisis -- paying a tiny fraction of what's needed in exchange for blanket immunity from future lawsuits.I continue to be amazed how some people keep holding out hope against hope that Barack Obama is one of us, the champion of the 99 percent. On issue after issue, they believe he will commit to actions that are fair and equitable...until the moment comes that he does the opposite. Each time this happens, they roll out the usual excuses.
We hope these rumors are untrue.
~ from Obama's Choice on Housing: A Sweetheart Deal for the 1% or a Fair Deal for the 99% by Van Jones and George Goehl ~
Whether it happens today, tomorrow or sometime in the near future, any thinking person should know this is already a done deal. As this is an election year and the Obama re-election effort is courting Wall Street big time, the last thing in the world Team Obama wants to do is to piss off the moneyed interests. If he ticks them off, then they might decide to throw their hundreds of millions of dollars behind whichever Republican stooge garners the nomination.
So, at some juncture, he'll announce that we need to look forward, not backward -- that's the popular political euphemism for "we're letting the crooks off the hook again." He'll tell the American people that justice has been wrought when, in fact, justice was shown the door. And, of course, with their new ironclad immunity, the elites will continue their foreclosure frenzy with reckless abandon because they know they have yet again purchased a "get out of jail free" card.
This is how government operates these days. To believe otherwise is delusional.
You know I side with you on raising these issues.
ReplyDeleteFrom a taoist perspective though, isn't bad government built from the conceptualizing of good government?
US sights Iran as bad to make itself look good. For people though they think of real good and so all look bad. Seeing them all as bad we can enjoy our goodness. Both good and bad though exist by one another and can't be eradicated.
Oddly, I agree with Ta-Wan here (although I do not consider myself a socialist or a member of either of the two parties). The only certainty is that things WILL change, although likely to get "worse" before they get "better." It's cycles of yin and yang. I think I may be consulting my I Ching a lot in the next few months.
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