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September 19, 2008

How Dare They Spend Trillions on Corporate Welfare, Without...?

By Rob Kall

They're spending over a trillion dollars to rescue doddering, failed companies that deserve to die. How dare they-- the congress-- allow the Fed and the Whitehouse to spend so much without oversight. In times like we are experiencing tough, visionary leadership is needed and we're not seeing it.

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They're spending over a trillion dollars to rescue doddering, failed companies that deserve to die. How dare they-- the congress-- allow the Fed and the Whitehouse to spend so much without oversight.

In times like we are experiencing tough, visionary leadership is needed and we're not seeing it.

The Whitehouse, with the help and support of the deservedly most unpopular congress in recent history, is planning a huge rescue for the finance industry. Reuters already estimates that rescue has exceeded a trillion dollars in cost.

How dare they? How dare they give corporate welfare on such an obscene scale without a whimper of question or challenge from legislatrs on either side of the aisle, while a fraction of that budget could be used to provide health care to every American. How dare they throw good money after bad when a trillion dollar investment could subsidize hybrid cars for a hundred million people and just about eliminate our dependence on foreign oil.

How dare they, when a trillion dollars-- and they're not finished yet-- could be invested at $5 million a company, in 200,000 energy saver start up companies.

And instead, they save a handful of rotting, dying institutions run by failures.

How dare they double the ante on the loan to the automobile manufacturers, to $50 billion without DEMANDING-- yes absolutely requiring-- that they up the mileage dramatically, beyong the pathetic goals currently set within the existing cafe standards (Up to 35 MPG by 2020.) Are they idiots? If a vendor comes to me and asks me for double the size of the loan or payment, I ask what more am I getting in return?

Harry Reid, Chuck Schumer, Nancy Pelosi, Stenny Hoyer, Charlie Rangel... do your goddamned jobs and stop this crazy, stupid, panic-stricken rescue mentality that is wrong, wrong, wrong.

They say that if AIG wasn't saved that chaos would have ensued. Chaos is not always a bad thing. The alternative is lack of chaos and in biology, that's a sure sign of morbidity. Maybe it seemed easier to let AIG fail. Maybe it would have been scary for a time. But NO institution is or should be immortal. When one becomes so obviously unable to function in a healthy, successful way, it is time, like with a dying human, to let it go. Keeping it alive is the antithesis of good judgemnt and certainly, converting it to a government managed entity, is the antithesis of conservatism's most basic principles.

But since the leadership of the conservative, or should I say faux/former conservative party is leading the way in the socialization of the finance and securities industry, I say, don't stop there. While you're at it, take the leap and do something FOR the American people.

Give the American people health care. Spend $100 or $200 billion on it, whatever it takes.  I dare any Republican who has remained silent as the finance industry has become socialized to complain about health care being socialized. I dare any Democrat (Harry Reid, Nancy Pelosi, Barney Frank,Henry Waxman and any bluedog democrat) to NOT speak out demanding approval of the legislation. There's a bill that's pending-- HB 676 and it could be passed posthaste. Do it, damn it! Enough of this finding money for doddering, senile corporations to protect foreign investors.

Just do it.



Authors Bio:

Rob Kall is an award winning journalist, inventor, software architect,
connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media.


Check out his platform at RobKall.com


He is the author of The Bottom-up Revolution; Mastering the Emerging World of Connectivity


He's given talks and workshops to Fortune
500 execs and national medical and psychological organizations, and pioneered
first-of-their-kind conferences in Positive Psychology, Brain Science and
Story. He hosts some of the world's smartest, most interesting and powerful
people on his Bottom Up Radio Show,
and founded and publishes one of the top Google- ranked progressive news and
opinion sites, OpEdNews.com


more detailed bio:


Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind. Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big) to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project.


Rob Kall Wikipedia Page


Rob Kall's Bottom Up Radio Show: Over 400 podcasts are archived for downloading here, or can be accessed from iTunes. Or check out my Youtube Channel


Rob Kall/OpEdNews Bottom Up YouTube video channel


Rob was published regularly on the Huffingtonpost.com for several years.


Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.


To learn more about Rob and OpEdNews.com, check out A Voice For Truth - ROB KALL | OM Times Magazine and this article.


For Rob's work in non-political realms mostly before 2000, see his C.V.. and here's an article on the Storycon Summit Meeting he founded and organized for eight years.


Press coverage in the Wall Street Journal: Party's Left Pushes for a Seat at the Table

Talk Nation Radio interview by David Swanson: Rob Kall on Bottom-Up Governance June, 2017

Here is a one hour radio interview where Rob was a guest- on Envision This, and here is the transcript..


To watch Rob having a lively conversation with John Conyers, then Chair of the House Judiciary committee, click here. Watch Rob speaking on Bottom up economics at the Occupy G8 Economic Summit, here.


Follow Rob on Twitter & Facebook.


His quotes are here

Rob's articles express his personal opinion, not the opinion of this website.


Join the conversation:


On facebook at Rob Kall's Bottom-up The Connection Revolution


and at Google Groups listserve Bottom-up Top-down conversation





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