Saturday, February 21, 2009

Ignorance Would have been bliss

by preperowlifick, Feb 21, 2009

A description of an astonished reaction to the blatant misuse of power and political position at the expense of almost everyone except the politically powerful, lobbyists and the billionaire bunch who are the power behind the scene.

Here we are again handing out money to the "haves" at the expense of future generations who will become the "never gonna haves." I try not to feel resentful after all I have food and a roof. My family is doing well. But what about those people who have lost their houses. Yes, yes I realize they should have known the rule that only 30% of a family's income should be used for housing. But when a banker (some people are in awe of the knowledge a banker is supposed to possess) is offering you a house which is after all the American dream, it is difficult to say no. Balloon payment at the end? Uh what does that mean? It means the banker led you into an impossible situation with a promise and a smile.

Wake up dude. Your American dream has come to an end.

But you won't be feeling lonely. Many others are in the process of following in your unfortunate footsteps. Isn't it interesting that when we don't balance our checking accounts correctly we are punished via overdraft fees. Isn't it even more interesting that when the bankers who punished us via overdraft fees don't balance their bank accounts - they get million dollar bonuses. Welfare for the CEO's. All their advantageous educations put together and they can't balance the books. But of course bonuses are still given. WHY WHY WHY WHY?

Once again I stand before you - a confused person who although she can balance her checkbook didn't get a million dollar bonus. What did I do wrong. Should I have screwed someone over who is more gullible than me like the bankers did? Am I not as smart as they are. Maybe I am and maybe I'm not - but I am smart enough to realize there is nothing I can do to help - change - alleviate the unfathomable disaster our country is quagmired in.

I am terribly confused about one thing. When counterfeiters print money with nothing but paper value to validate it they go to prison. When the US prints money with nothing but paper value - it continues to be justified and then they print more. I don't know about the rest of middle America but I'm smart enough to be scared - but not smart enough to know what to do about it.