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Ruled, not Represented


I see that "our" senate just passed the seven-hundred billion dollar give-away to the financial industry, despite public sentiment across party lines being heavily opposed to the measure. Lest anyone had any doubts before, I hope this demonstrates to everyone the huge lie that is "representative democracy." We are not "represented." We are "ruled."

By self-serving scumbags.

Comments

( 4 comments — Leave a comment )
pastilla
Oct. 1st, 2008 11:32 pm (UTC)
Forgive my Canadian-educated ignorance, but I'm confused --- is there a simple way (I don't want you to waste a lot of time on this) to explain what happens now? What happens when the senate goes against the House of Representatives?
davidd
Oct. 2nd, 2008 02:28 am (UTC)
This discussion thread explains the process reasonably clearly.


Edited at 2008-10-03 02:50 am (UTC)
pastilla
Oct. 2nd, 2008 11:28 pm (UTC)
Awww. You zapped the "Cthulhu is a saint" line.

Pity, as I've been comparing things to the foul nauseating stench of offal which pass for the leaders of the Free World all day . . . and it has made the hours pass so pleasantly . . .
sjonsvenson
Oct. 2nd, 2008 04:45 pm (UTC)
Curious.
Here in Belgium a bank (mine) was on the brink of collaps under speculative preasure. In just three days the governement of three different countries got a plan worked out in cooperation with the Eropean central bank and the European councel. They injected 11 billion Euro into it.
No need for lenghty convulated political debates. Just action when it's needed. Decisive action is what is needed in situations like this. Lenghty debate feeds the uncertainty in the market and pushes specilative presure up.

I agree that a "bail-out" give away is not the best solution. But banks going bankrup is certainly not a good alternative.
The problem we have is a very strong short and hyper short term market. And no easy way to correct/amend that.
( 4 comments — Leave a comment )

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