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Alas Poor Babylon

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America May Not Recover From The Crimes Of Its Vultures

By James Donahue

“Babylon is fallen, is fallen, that great city, because she made all nations drink of the wine of the wrath of her fornication.” Rev. 14:8

There was a fleeting moment of hope in November, 2008, when Barack Obama was elected to be the next President of the United States. People believed that at long last there was going to be a change of leadership and that something might be done to bring the two unjust wars launched by the Bush Administration, and the ravaging of the nation’s coffers to an end.

But the scoundrels controlling the nation’s financial affairs made one final move before Mr. Bush left office that not only stripped those coffers bare, but dropped a multi-trillion dollar deficit into Mr. Obama’s lap before he could take office in January.

Since then The United States has been tossed into the throes of what politicians call a deep recession, but what everybody else knows is really a second Great Depression. And Mr. Obama cannot seem to find enough votes in the “paid-off” pack of legislators to get any of his promised programs off the ground. He has spent most of the year locked in a battle for health care reform. And while the financial issue gets worse, and millions face a new year without any prospects for work, the health care fight still rages.

The major issues like getting control of the big banks and lending institutions, the insurance racketeers, rebuilding the nation’s crumbling infrastructure, using federal dollars to stimulate new jobs and getting people working again, and even extending unemployment benefits for laid off workers, remain in Republican gridlock.

Mr. Obama can’t even get help in working with world leaders to head off the deadly issue of radical climate change because it may cost some wealthy capitalists back home a few dollars.

It appears that insanity now reins in Washington. The gangsters who once robbed the banks now appear to own them, and they use their money to control what happens in our nation’s capital. And as long as this continues, our nation remains in freefall.

Paul Volcker, former chairman of the Federal Reserve and now head of Obama’s new Economic Recovery Advisory Board, recently told Der Spiegel magazine that American as “not yet achieved self-reinforcing recovery. We are heavily dependent upon government support so far. We are on a government support system, both in the financial markets and in the economy.”

Former Labor Secretary Robert Reich, who served under the Clinton Administration, said he believes American jobs have been permanently lost and they will not come back.

A story in the Washington’s Blog quoted Reich as saying: The basic assumption that jobs will eventually return when the economy recovers is probably wrong. Some jobs will come back, of course. But the reality that no one wants to talk about is a structural change in the economy that’s been going on for years but which the Great Recession has dramatically accelerated.”

Because of the recession, employers have explored and found ways to “cut their payrolls for good,” Reich said. “they’ve discovered that new software and computer technologies have made workers in Asia and Latin America just about as productive as Americans, and that the Internet allows far more work to be efficiently outsourced abroad.”

And this means that Americans must be willing to return to work at wages comparable with workers in Mexico, Asia and India if they expect to ever get a job in the United States. There is now a global competition for jobs, and the people desperate enough to work for low wages and no benefits will be the ones who get the jobs.

Most Americans who are working today have either agreed to lost benefits and lower pay to keep the jobs they had, or have had to accept jobs at lower pay after losing the good paying positions they once enjoyed.

The scary side to what is happening is that the Federal Government and even President Obama is now so grossly in debt, and fighting two costly wars that continue to build a deficit that American workers may not be able to pay for.

Reducing unemployment by cutting wages cannot solve this problem. More working families live at or near poverty. They struggle just to keep food on the table and are unable to make house payments or pay medical bills.

Local governments and school districts, which long enjoyed federal revenue sharing money to keep operating, are now looking to local property owners to make up the difference in tax dollars, which are not available. And people who are not working or earning above poverty levels do not pay enough income taxes to help pay off that massive federal deficit.

Even though the American companies find cheaper labor overseas, there are fewer workers left in America able to buy the products offered for sale.

In short there is no longer enough money in circulation to stimulate a healthy national economy.

It will stay this way until voters wake up and kick the crooked legislators out of office. The whole rotten gang of crooks that have invaded Washington need to be thrown out on their fannies and replaced by people who promise to fix the mess and turn things around.

That means getting rid of the Federal Reserve, breaking up those few giant banks that control 90 percent of all of the money, setting strict controls on lobbyists if not prohibiting them altogether, and changing the Senate rules so that a bill can be passed by a majority vote and filibusters are outlawed.

Of course the odds of a miracle like this happening are thin. As long as the crooks also control large segments of the national media and feed Republican propaganda to the masses, it will be hard for those of us who recognize what is happening to ever bring about the changes needed to save the great nation we once knew and enjoyed.