Opinion/Editorial
Published 4/2/09
ROCK, PAPER, SCISSORS!
ROCK
40,000 parts to
make one car. Solid parts to build a
solid product. "Like a rock" some
automakers would say. The importing
and exporting of these products also
makes the global economy more solid.
Employment in the shipping,
manufacturing, and port industry,
are built upon this rock. So are the
lives of the people that are linked
to it. These products are shipped,
trucked, and placed on lots. The
lots must be developed and
maintained. The sales room must be
built and maintained. Plumbing,
electric, glass, and office supplies
are needed. Even the landscaper that
mows the lawns is employed by this
rock solid product. The towns
revenues from the lot, to the
electric and water, to the taxes on
the phone bill are affected. If ever
there was a vehicle for stimulus
this is it.
PAPER
The need for a
clerical, paper pushing, tax and
finance industry, is created by the
real products division, of
manufacturing, transportation, and
real estate. These giants provide
the funds and create the need for
the public, and the private sector.
Without these types of supply and
demand industries, none of these
other paper services are needed.
None of the funding for these paper
services would be provided. The
loans, credit, interest payments,
licensing, taxes, payroll, pension
security, housing, sanitation,
plumbing, business districts, and
banking would not be required at
all. The need for their existence is
secondary to the solid economy. This
paper world of financial services is
a direct result of rock solid
products. Financial service
employment and government service
employment only exist because of the
demand for manufactured products
that are solid and tangible. None of
these institutions make money. Their
services are only required by those
who create money and wealth thru
products and their production. This
is also true for the Insurance
Companies.
SCISSORS
When the financial
services sector creates wealth for
itself by liquidating, and
leveraging, the sweat of the
workers, and the value of their
products, we have a meltdown. What
has happened is that the Service
sector has ripped off the Wealth of
those it Serves. When we swap their
bad notes for our good notes this is
counterfeiting. The bail out is
laundering thru deficit spending.
The pensions, savings, and jobs, of
the providers of wealth are being
cut. These paper cuts are drawing
blood from it's victims, to provide
a transfusion, to save the lives of
the predators. Taking the scissors
to the "sacrosanct contracts" of
Social Security, Pensions,
Annuities, Health care, Education,
and of course Taxpayer equity is a
crime that is not defined. Not
defining the crime is Treason. Using
the scissors of deregulation, and
allowing the excess of Stock Options
and Deficit Spending by the Private
and Public sectors,
provides a Vehicle for taking rock
solid equity, turning it into
liquids, then siphoning it off into
their own pockets. Products, labor,
and production, are being made
liquid and then siphoned off. You
can't siphon rock, only liquids.
SOLID, LIQUID,
CASH!
We must also realize
that the people that benefit from
this are now very wealthy and
powerful. They are now buying
everything at rock bottom prices.
What they are buying is safe for two
reason. One reason is that we have
made the bad banks good for them to
buy with the money we have
lost. They now have a fortune in ill
gotten gains in which to buy the
banks "they liquidated" that are now
safe from "THEM". I would
love to know the list of names of
all the people, and firms that
worked for the embezzlement division
of AIG. I bet we would see a global
list of payout's to operatives, with
a history of scandals, and multiple
private, and public payrolls, dating
back as far as Iran Contra and the
First Savings and Loan disaster. The
same names, the same games, and the
same shames.
William J. Wahlsteen
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