From my Writing Room
Copyright © 2023 by Uwe Bahr
Deregulation of financial markets serves the top one percent, not the common people. It lays the foundation and sets the course for future crises that put the safety and health of hundreds of millions of people at risk. This is the reality of the so-called “free market,” where there is little or no regulation, and where lobbyists in the service of big business corrupt the legislature to ensure that laws are passed according to their ideas and wishes. It no longer has anything to do with real democracy to the good of society.
What more proof and evidence do clear thinking people need to grasp the truth? It cannot be true that people voted for Trump, who in 2017 not only gave a trillion (i.e., $1,000,000,000,000) in tax breaks to corporations and the top one percent of the wealthiest people instead of “cleaning up the swamp” as he promised before the election – rather, he did the opposite: he appointed mostly billionaires to his cabinet.
Who do you think these billionaires would serve? The interests of the working class, which is the majority of the American people?
The mass of people simply do not learn, but are deceived. How is such a thing possible? Only 15 years after the last bank crash, there are still speculators in the financial institutions who gamble away people’s savings – and not only that: Contrary to all the protestations of politicians like Biden now, they not only go unpunished, but are also rescued as under Obama in 2008/09) with taxpayer funds. In plain terms, those who caused the problem in their criminal greed are being bailed out at the behest of the government.
But no one bails out the working-class families who are losing their jobs, are threatened with eviction, and don’t know how to put food on the table.
Against such a legalized Wall Street criminality no election helps anymore. Only mass movements that revolt against injustice can help.
Please watch and listen to the following: Bernie Sanders talking in 2018 about the financial crash of 2008. https://www.youtube.com/watch?v=vQE9r5K2oNA
The Wind of Change 