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In the sci-fi work of Margaret Atwood, our nation is taken over by RW extremist forces.
As everyone in the society does electronic banking, the portion of the populace that speaks out is at risk. And then it happens: one night, a code is entered into the system, and anyone on the government's "Watch List" has their funds reduced to zero.
But not to worry - radical feminists, outspoken Social Justice types, gays and the trans-gendered - all of these people are still employable. As long as they are slaves cleaning up nuclear power plant stations etc.
A woman who is young enough and attractive enough has one other option - she can be the surrogate mother to an infertile couple. And even be given the "privilege" of sex with the male partner. <sarcasm>
Why should I post this here and now? Clearly, Obama is not a RW fanatic. In fact, while deploring his Centrist picks for high positions, many of us see his skin color as proof that a major change has occurred inside the hearts of our citizenry. Someone who would have been unelectable twenty years ago will be inaugurated on January 20th.
So why am I posting this?
Because I remember all too well the high regard this nation had for Jimmy Carter in May of 1979, something on the order of 61%. And yet, by August, his huge popularity of May had dwindled to 11%.
Obama should have been addressing this nation on the deplorable situation that we are in, and how necessary his push for real change would be. As part of that real change, he would push for the placement of thsoe individuals who understand this situation better than any others. Instead, his appointments of Rubin and Geithner mark the fact that he is either: 1) unaware of how these two were participants in creating the financial tsunami threatening to swamp the Global Economy 2) he knows it, and has either deliberately picked them because he really isn't who we think he is, o9r he has been forced to pick them
By mid-October of 2008, financial tallies revealed that an economic tragedy was in the making.
Never before in the history of our nation had this happened:
As of OCt 23rd, new borrowed reserves and bank reserves equal nearly the same monetary base.
The Federal reserve now needs a reserve for the Reserve.
10/23 Bank reserves $ 328,597 million Monetary Base $ 1,143,873 million Non-borrowed Reserves (-362,550) million TOTAL BORROWED AMOUNTS 611,147 million
As awful as these numbers are, several factors have combined since Oct 23rd to make this awful situation even worse. The BailOut's first funding, $ 350 Billion dollars obtaining by "loaning" the hard earned tax monies of the American people to the Wall Street interests who are responsible for this mess - these diverted funds were again diverted.
Hank Paulson has ignored the entire Section 109 of the BailOut Bill, which was the legal wording demanding that the money Paulson received would be used to protect Main Street. Instead rather than making these funds available for lines of credit, the money has gone to chosen banks, so that they can buoy "failing banks."
To make a long story short, what this means is that over the last few months, what with our government "lending" giving and stealing our Treasury, we the American people now owe about 8.8 Trillion dollars towards the fulfillment of this handover.
So I see an eerie similarity to what occurred in "The Handmaid's Tale."
Gone are our pension funds, our retirement plans, our Social Security (that here to fore) was backed by US Treasury Bonds. Gone Gone Gone. Additionally, due to Paulson not allowing for lines of credit to small business or to individual homeowners, we are rapidly becoming homeless and jobless, more so each minute of each succeeding day. So perhaps our "jobs" sweeping out the contamination of the Nuclear Power Plants will soon be offered to us, as well.
Obama will bear the brunt of this, even though he was not President when this occurred. But our main stream, Wall Street-controlled media will conveniently forget that fact when they start to "analyze" these horrors come the dawning of January 21st, 2009.
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