Make the Thieves on Wall Street Pay for Healthcare Reform

It churns my stomach when politicians claim to be fiscally responsible. In The Defining Moment, NY Times Op-ED, 10-30-09, good old I’m a Democrat, no wait I just lost the primary so now I’m an Independent, oh wait I’m such a schmuck I’m going to get into bed with the Republicans on Iraq, Connecticut Senator Joe Lieberman was quoted as saying “I want to be able to vote for a health bill, but my top concern is the deficit.”

Oh really Mr. I’m flopping around more than a fish out of water? If you’re so concerned about the deficit and its related problems how come you never did anything about health insurance reform for the 21 years you’ve been pretending to serve the public as a Senator? And if you’re so fiscally responsible how come you and the rest of the idiots in the 107th Congress who voted for the Bush/Cheney Iraq war bankrupted America by borrowing trillions from China to pay for that completely unnecessary invasion? Great job, Joe.

Getting back to health insurance reform, the recent bill under House consideration would levy higher taxes on couples who make over $1 million and individuals who earn $500,000 per year to pay for the legislation. This I find unfair, and not because I fall into one of these categories (I don’t – by a long shot.) People who have worked hard and legally and amassed wealth shouldn’t be punished for something our government should have figured out decades ago.

Instead I have a better idea for coming up with revenue to pay for health insurance reform. Why don’t we make the thieves on Wall Street, who lavished themselves with pathetically huge bonuses, obscene salaries and financial shenanigans, pay to fix our healthcare mess. The government, which is in the pocket of these thieves (a $350 million lobbying/political contribution bribing campaign by Wall Street got the Glass-Steagall Act, a smart, six-decades old law, repealed), isn’t going after these bastards but instead is actually BAILING THEM OUT!

And our government is so connected to these investment banks the bankers, who are receiving billions in taxpayer funds, don’t even have to tell the feds how they’re spending our money. Are you still keeping your eye on that deficit, Joe?

I mean, if the government wants to punish rich people to pay for its shortcomings it should go after the crooks who aren’t being prosecuted for bringing down America’s and the world’s economy. It makes no sense to go after law-abiding people just because they have money.

But when you’ve “carted off up to $12.7 trillion – almost the size of the entire gross domestic product” like the thieves on Wall Street did (see No Justice. We’ve Bailed Out the Banks. When Do We Go After the Crooks Behind Our Financial Collapse? – The Village Voice, 10/28 – 11/3 2009) you bet your ass you should be punished!

Keep in mind politicians live and die by campaign contributions. They’re total whores for campaign money. The great conservative icon Ronald Reagan took a $10 million campaign contribution/bribe from one of the 20th centuries’ most despotic rulers, Ferdinand Marcos, to look the other way when it came to Marcos’ blatant graft and human rights abuses in the Philippines. If you don’t believe me see Reagan’s former campaign manager’s book, Bare Knuckles and Back Rooms: My Life in American Politics, by GOP heavy-hitter Ed Rollins. He openly discusses this bribe.

And when the politicians take campaign contributions they have to pay back their contributors once in office. So since the government isn’t going after its campaign contributors on the Street and Wall Street is back to its old tricks – “expanding its use of new and exceedingly complex derivatives” – according to The Village Voice article and executives are lavishing themselves once again with huge bonuses and exorbitant salaries lets at least make these bastards pay for healthcare reform!

ADDITIONAL READING:

Please read No Justice. We’ve Bailed Out the Banks. When Do We Go After the Crooks Behind Our Financial Collapse? – The Village Voice, 10/28 – 11/3 2009 to get a better understanding of why our government isn’t going after the criminals on Wall Street. The article points out how after Attorney General Eric Holder left the Clinton administration he “made a lucrative living by conducting internal probes for companies and negotiating outstanding results for white-collar clients.” He even wrote a 2002 Wall Street Journal Op-Ed, “Don’t Indict WorldCom,” that “argued on behalf of the corporate perpetrator of one of the sleaziest frauds of the past decade.”

Attorney General Holder has also appointed his former law partner, Lanny Breuer, to head the Department of Justice’s Criminal Division. And, surprise surprise, Breuer has also represented white-collar scum along with the likes of Halliburton, Freddie Mac, Exxon Mobil and big pharmaceutical companies.

Another great Village Voice article, What Cooked the World’s Economy? It Wasn’t Your Overdue Mortgage, 1-27-09, rightfully questions Attorney General Eric Holder’s “will to tackle the widest fraud in American history,” noting that as a private lawyer Holder represented Big Tobacco and in another case Chiquita Brands where the food company paid a massive $25 million fine for employing terrorists as security in Columbia. The Voice article states: “Holder fits well within the gaggle of elite D.C. lawyers who move back and forth between government and defending corporate criminals. He doesn’t exactly have the sort of résumé that startles robber barons.”

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