Astonishingly, the subsequent government bailouts given to the very creators of this subprime lending fiasco simply allowed these greedy bank$ter thieves to engorge themselves further on taxpayer funds, after having already ransacked the lives of subprime borrowers.
These bailouts were in essence a form of “corporate welfare" for the rich and reckless, which was galling enough, but the conspicuous lack of prosecution of these bank$ter criminals was a real slap in the face to everyone else.
It has been symbolically said that more people need to start taking "the red pill", in order for things to truly change in our society. The science fiction terms, red and blue pill, refer to general consciousness of reality, or lack thereof, and comes from the 1999 film The Matrix. The following definition from Wikipedia further explains the terms:
"In the movie, the main character Neo, is offered the choice between a red pill and a blue pill. The blue pill would allow him to remain in the fabricated reality of the Matrix, therefore living the "ignorance of illusion", while the red pill would lead to his escape from the Matrix and into the real world, therefore living the "truth of reality" even though it is a harsher, more difficult life."
|Time to take the RED PILL|
Maybe lack of understanding and awareness was a factor in his time, but what about now? One does not need to have an advanced degree in economics to know something foul has been going on within the "financial" industry for some time. This blatant criminality was widely exposed by the economic meltdown of 2008.
Why wasn't there a revolution by morning when that happened? There were some protests, but they weren't exactly revolutionary.
|Awesome, but not quite a revolution. Some early protests on Wall Street during the fallout of the subprime banking crimes of 2008. This sign encouraged bank$ters to jump to their deaths from their crime house offices.|
Those who have dared speak out, like Occupy protesters, have to a large extent, been denied their Constitutional rights, and been forcibly restricted from expressing their anger and awareness. This was all done to prevent public consciousness on this issue from growing, and to weaken the movement in general.
Usually protests were "shut down" under the pretense of enforcing some various regulation or another- like a noise or permit violation- as to avoid the glaring truth that freedom of speech, and freedom of assembly- both guaranteed by the US Constitution- were being violated by the state.
Remember this outrageous incident:
|Thing of the past: Because of Occupy, the NYPD has now begun enforcing an old law which prohibits the wearing of masks at protests.|
|Police take notice: This Occupy protester holds a sign that says, "ARREST CORPORATE CRIMINALS, NOT PEACEFUL PROTESTERS," as two cops stare him down.|
|Excessive police surveillance at Zuccotti Park at the height of the Occupy protests, but just a few blocks away it was business as usual on Wall Street.|
The insatiable greed and complete disregard for humanity shown by the hogs that run these corporate crime houses, otherwise known as “investment banks”, is not only unjust and outrageous, but it is also perilous to the global economy and to our national security.
|This is what Henry Ford was talking about.|
Taibbi even dramatically highlighted the case of Alayne Fleischmann, the JP Morgan Chase whistleblower who exposed the “massive criminal securities fraud” within that so-called "bank." Such stories enrage most who learn of them, yet amazingly there still is a reluctance for many people to speak out about that.
One reason for this is that a steady diet of hate and fear-mongering on networks like Fox News, has scared many of the nation's dispossessed into inaction. Many are so strapped for time and money they have little energy to engage in social activism- which is just what the 1% likes to see.
People are afraid of losing their jobs, and their livelihoods, by being associated with anti-establishment protests, or possibly being unfairly arrested for exercising their First Amendment Rights. An arrest can have a very negative impact on an individual's employment, even if their are no eventual charges or convictions. Creating an undue fear around the relationship between political expression and personal survival is clearly a form of social control.
Networks like Fox are also notorious for creatively blaming those who are exploited and victimized by social injustices and corporate crime (the 99%), and defending white collar criminals, etc. Unfortunately, many Americans lack the awareness and critical thinking skills to interpret these propagandist messages properly, and therefore act against their own self interests, and those of a stable society.
There is a conspicuous difference between the overall media coverage of recent police brutality protests, and those that have targeted the corruption of the financial industry. This is not all that surprising, however.
It is no secret that the major media networks are controlled by corporations, and therefore certain news stories are either misrepresented or all-together ignored, in order to protect the interests of these conglomerates. This is true for fascist favorites like FOX, but also the supposedly more centrist, and liberal stations as well.
Occupy Wall Street was a famous example of willful ignorance in the media. The message of Occupy was a threat to the elite (like corporate media networks) and those who unfairly benefit from the system they support.
Occupy highlighted a message that this system is rotten to the core, and the vast majority of the world's wealth and power is concentrated into the hands of just one percent of the population! From that, the saying, We are the 99% was born.
THAT IS DEFINITELY NOT THE MESSAGE THE ELITE WANT THE MASSES TO BE CONTEMPLATING AND RECOGNIZING.
How would they control and manipulate us if more people realized how badly the elite 1% were screwing them? Divide and Conquer tactics have been working to control the population of this country since it's earliest days.
Protests around race-related issues, like police brutality cases, can be easily utilized to perpetuate this strategy, which is why there is so much coverage, in contrast to demonstrations around financial industry and political fraud.
Another theory about why so many people have been reticent to speak up on this important issue involves an interesting sociological identity problem. Recently there has been more discussion about this what really constitutes a "middle class" existence. Many Americans erroneously believe they are "middle class" when they actually part of America's working poor.
Bill Moyers recently discussed a great piece in The New York Times about the distinction between truly being middle class or being part of the working poor.
Regardless of class identification it is important that people tune it and speak up on this. If you are reading this blog, chances are you already have. But when talking to those in your life who lack political awareness, maybe a good place to start is by asking them if they even know what it means to be "middle class" or "working poor."
Clarification on this can really change minds and shift perspectives, which is how true social change is ultimately achieved.
The following quote is from former New Orleans Mayor Ray Nagin, in the aftermath of Hurricane Katrina, and was directed toward the US government. The sentiment expressed applies today on a variety of issues, including the effects of corporate greed and corruption.
"This is a major, major, major deal. And I can't emphasize it enough, man. This is crazy...Now get off your asses and do something!"
But when they don't get off their asses, we have to get off ours...We have to defy. We have to revolt.