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The Pentagong Show

The Pentagong Show
United State of Terror: Is Drone War Fair?

Friday, January 29, 2010

AIG: Americans' Income's Gone. Now THAT's Class Warfare.

Following President Obama's speech, we heard the usual Republican accusations that the President was provoking "Class Warfare". But isn't that what the USA's vile version of Capitolism is? Can't even the tunnel-visioned GOP see that the Supreme Court had just crowned The Superclass's victory with their adjudicated laurels by granting money the status of speech, the Corporations with the status of "persons", and then declaring that said persons could not be constitutionally limited in their "speech", ie spending?

The true captured nature of the Democratic Party, in not crying this blatant contradiction from the rooftops, is thus made manifest.

Meanwhile, even as the Supremes call money speech, and the near collapse of a number of financial institutions, brought about by the Superclass's reckless asset-striping, and insane leveraging and transformation of the Fed into a shill for their mantra of "housing prices never go down", resulting in the near-collapse of the entire global financial system and unrepairable damage to the reputation of the US banking system, and leaving the working class without jobs, the secrecy behind the decision to bail out AIG is allowed to fester.

Free speech is now sacrosanct for the Corporations, but the rest us have to pay for it . Just as the "Free"market, means one in which the Superclass gets to arrange the economic system so as all its profits flow to them, they decide what is free speech and what is not. And, as the revelations about the legerdemain and financial shenanigans that went into the federal government commitment of billions upon billions of taxpayer dollars into making good AIG's speculative bets on debauched financial instruments they still cynically refer to as "securities", is most decidedly what is not. To get that information is going to cost plenty.

David Reilly at BusinessWeek in an article entitled: Secret Banking Cabal Emerges From AIG Shadows, and referenced on, details the Federal Reserve Bank of New York's role in what many in Congress believe was the New York Fed’s involvement in the attempt to cover up AIG buyout details and obfuscate the identities of the parties who benefited.

But we are at War. Pursuant to the Patriot Act, any citizen, or newspaper, that gives solace to the enemy, (and investigating the financial system that supports the Corporations that provide the wherewithal to support the troops and provide the armament for them to kill our "enemies", is doing exactly that), is suspect at best; treasonous, if they persist. So Corporate bribes, now considered free speech, since they grease the wheels of commerce and helped bring the system from the brink of global financial collapse, are most definitely under the rubric of "National Security", no matter how you cut it.

Get used to it. Americans' Income's Gone. And if you try to expose exactly why, you may just find out how, although physically incapable of actually being a patriot, a Corporation is much better situated to put on a Patriot act than an individual trying to do his patriotic duty and expose the malfeasance of those who can afford legions of lawyers to line up against him.

So in a sense the Repugnicans are correct. When one side has been so thoroughly routed, the War is over. And because the War's over there is no longer a Class War, so President Obama is inciting Class Warfare by rubbing salt in the wounds of the completely prostrate losers, since the Superclass has already won, and there's nothing the other side can do but utter a feeble denouncement of "no fair".

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