9/17/2011

Ponzi Schemes

Texas lunatic, Ricky Perry, claims that Social Security is a Ponzi Scheme. That's cute, isn't it? An ex-cheerleader Texas governor who claims to be a "conservative" and who brags about running a state with a balanced budget (and who "balanced" that budget by paying of an $18 billion deficit with federal TARP funds) and who barely passed his college Economics class at Texas A&M (not a rocket science university) pretending to understand multi-syllable words and criticizing a 75-year-old federal institution that has provided stability and security for three generations of Americans.

Even funnier, the bozos on Wall Street and the Wall Street Journal are joining in with Perry in trying to tear down what's left of the US economy to enrich themselves as they scavenge what's left of the nation's bank accounts. Normal humans would be embarrassed to be so wrong, so often; which is why the Extreme Court has given more rights and privileges to corporations than to real people. As Andy Borowitz said, "“Rick Perry is qualified to be President in the same way that Olive Garden is qualified to be Italy.” That fact, unfortunately, doesn't stop Repuglicans from running raving lunatics, complete idiots, vicious criminals, and sociopathic corporate executives for office.

All this is distracting the voting, taxpaying public from the fact that the real Ponzi scheme is all of Wall Street. Any idiot who managed to remember the news of the last 20 years would know that the SEC has been cut down to a fraction of the police force required to keep Wall Street and international corporations from running wild in the streets, setting fire to every corner of the country. The number of companies that have crashed and burned after years of filing quarterly profit reports without a glitch in the pretty picture painted by their "accountants" until the trail of lies started crashing around the CFOs' heads ought to stretch the credibility of any numbers posted on the stock market.

Until Americans wise up and realize that "regulation" means the country is policing the biggest crooks in the nation, we're going to keep trashing our future to enrich the Wall Street sleazebags at the expense of everything worth protecting and preserving. "Amoral" is an insufficient word to describe their character, but it's the best English has to offer. Perry, on the other hand, isn't smart enough to warrant any adjective more complicated than "idiot."

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