The Top Two Percent Are Ccockroaches
In a morning blog posted by Robert Creamer he says the following: "It is estimated that the financial reform law will save consumers $10 billion of that total. How could that be? Because it should come as no surprise to anyone who has even a passing acquaintance with Economics 101, that fees set by a duopoly have no relationship whatsoever to the costs of the transaction.
They are in fact just one more mechanism that Wall Street has used to siphon an increasing percentage of our Gross Domestic Product out of the pockets of the middle class and into the increasingly-bloated financial sector."
Where we are with banks and with wall street ought to be obvious to most Americans, but it simply is not, they do not care, or they do not know how to care. I can not imagine why it is taking so long for the bulk of American voters to recognize that the lobbyist in Washington are running the economy in such a way that it is bankrupting most of the American Society. By the time the consequences of these actions are felt by the right people who need to feel them, I am afraid that it will be too late and America will be in the hands of the burgeoning global aristocracy.
More from Mr. Creamer article. The essential problem with our economy, "is that virtually every dime of the considerable economic growth of the last twenty years has gone to the top two percent of the population. Wall Street salaries and bonuses have exploded, while middle class incomes have stagnated."
Are we hearing Mr. Creamer, America. Every dime of economic growth over the last twenty years has gone to the top 2% of the wealthiest Americans.
These figures amount to a dis-ease in our society and like many diseases of the organism they frequently fester in the body well before anyone knows that it has invaded every cell and the organism has nothing to look forward to but its impending death.
Mr Creamer ends his column this morning with two very bright ideas, one is a funny metaphor and the second is: if you believe this call or write your senator they mist begin to know that some Americans care. The second is this: "Big bank lobbyists are like cockroaches.When you turn on the light they scatter, but they take over if they're allowed to operate in the dark."