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OpEdNews Op Eds    H3'ed 3/20/09

When Corporate Pirates Commit Class Economic Rape

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Kevin Gosztola
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The anger and rage is warranted. But, without recalling how all of this unfolded and without knowing how much of it unfolded under our noses during the election, without recognizing how so many Americans were distracted with the election of the first black president as corporate pirates earned one final favor from the Bush Administration that Obama would continue upon his election, will we ever be able to correct America’s jaded moral compass?

 

I didn’t want to do this. But, the state of things in America requires that I do something that many Americans cannot handle.

 

I don’t know why, but citing the words spoken by this individual often leads to those who hear him speak becoming enraged. Those who hear others support him are tempted to spit on and shun those who give the words of this man second thought.

 

My citation could cost me a job. So, be it. 

 

Ask yourself, how convenient is it that the one with so much wisdom to speak out in these times has been marginalized? Ask yourself, why of all the people out there do you find it hard to listen and be okay with this man?

 

Really, “Special Comment” from the mouth of Olbermann was nothing new because the words “ENOUGH is ENOUGH!” had already been written by the likes of Ralph Nader in reaction to the bailouts in September 2008. 

“Americans are crying out -- ENOUGH IS ENOUGH! For themselves and their children. Summon your senators and representatives to a school auditorium before November 4, 2008 and instruct them in no uncertain terms. After all, your senators and representatives are supposed to work for you, not against you and for the corporate greedhounds and gamblers with your pension, mutual funds and small investor's money.

Ask why they didn't require speculators to fund their own bailout while you, the taxpayer, pay 5-10 percent sales tax for necessities. Speculators buy $500 trillion of securities derivatives each year and don't pay one penny. A mere 1/10 of 1 percent sales tax on purchases of these derivatives would raise $500 billion per year to pay for their bailout. Let the speculators fund their own bailout

Why didn't they comprehensively re-regulate the financial services industry to prevent future collapses?

Why didn't they give shareholders the authority to control the companies they own including their out-of-control bosses?

Why didn't they provide the resources for a corporate crime crackdown?

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Kevin Gosztola is managing editor of Shadowproof Press. He also produces and co-hosts the weekly podcast, "Unauthorized Disclosure." He was an editor for OpEdNews.com
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