Resist or Become Serfs
Once again, Chris Hedges is disturbingly on point.
America is devolving into a third-world nation. And if we do not immediately halt our elite’s rapacious looting of the public treasury we will be left with trillions in debts, which can never be repaid, and widespread human misery which we will be helpless to ameliorate.
——————
This is the inevitable result of unchecked corporate capitalism. The stimulus and bailout plans are not about saving us. They are about saving them.
——————
But our universities and mass media, entranced by power and naively believing that global capitalism was an unstoppable force of nature, rarely asked the right questions or gave a prominent voice to those who did. Our elites hid their incompetence and loss of control behind an arrogant facade of specialized jargon and obscure economic theories.
——————
The Obama administration, rather than chart a new course, is intent on re-inflating the bubble. The trillions of dollars of government funds being spent to sustain these corrupt corporations could have renovated our economy. We could have saved tens of millions of Americans from poverty. The government could have, as consumer activist Ralph Nader has pointed out, started 10 new banks with $35 billion each and a 10-to-1 leverage to open credit markets. Vast, unimaginable sums are being placed into these dirty corporate hands without oversight. And they will use this money as they always have—to enrich themselves at our expense.
——————
“These are signs of hyper decay,” Nader said from his office in Washington. “You spend this kind of money and do not know if it will work.”
“Bankrupt corporate capitalism is on its way to bankrupting the socialism that is trying to save it,” Nader added. “That is the end stage. If they no longer have socialism to save them then we are into feudalism. We are into private police, gated communities and serfs with a 21st century nomenclature.”
Obama best start to come clean with the full ramifications of what we are dealing with here or else we are going to be in for one hell of a serious sh*tshow. The call for “hope” and “change” will become more a plea for hope for even a little change in the pocket. This all can be turned around, but only through radical and fearless lucidity as to what we are facing and the efforts to be engaged in order to address it.
