The idea that the next American President is going to “spread the wealth” or even can spread the wealth seems to be taken out of context in the wake of the current economic crisis.

The American people must by now be at least beginning to understand that the wealth has already been spread by our present government … all of it upwards, to the government-connected Wall Street banking elite in their quest to increase their billions, and swallow up smaller, more solvent, more conservative banks to cover their derivatives debt, in an unprecedented “bail-out” accompanied by an unconstitutional tax break to drive mergers and consolidation.
If you do only one other thing besides vote today, read this excellent article by Ellen Hodgson Brown.
Every single man, woman and child in the U.S. now has at least $17,000 in debt to pay back (some estimates are as much higher) in the form of hyperinflation, lost jobs, lost productivity, lost savings, plummeting home values, deteriorating highways and other crumbling infrastructure, reduced services and other chain-reaction austerity measures too numerous to mention.

We used to live in an era where wealth was measured in dollars, but that has come to an end – we now live in an era were wealth is measured in (the absence of) debt. Every baby, every nursing home resident, every stay at home mom, every student, every single person’s quality of life in America is about to be impacted by their government imposed share of this debt.

And for those who are not working, an ever increasing number, their share of the debt will be paid by those who are. By the time you read this statement, that figure could well be $190,000 per each single-taxpayer household.

This is the debt that the American taxpayer owes today, already, right now, to cover the baseless currency printed and handed tax-free to the corrupt mega-banks who were the architects of this plan, and there seems to be no end to the Plunge Protection Team’s efforts to increase this number without regard for the future consequences. We all know what happens to people who can’t pay their debts – it gets taken out of their possessions, their livelihoods, and sometimes even the dearest of prices – their freedoms.

I’ll be damned if I care about how I might have to pay $1500 more or less to the IRS this year–I want to know how I’m getting off the hook for these hundreds of thousands of dollars that’s going to be sliced out of my flesh one way or the other. Because “my friends” there are more ways to settle a debt than with tax revenue.

Frankly folks, the only way an American President can begin the process of spreading that wealth back down to the taxpayer (where it ultimately comes from and belongs) is to bankrupt all the worthless derivatives paper, let the swindling leaches die, and let this toxic derivatives bubble burst to death once and for all. But that is a recipe for systemic suicide, so you won’t get far being between that rock and this hard place.

Finally, we must by now be able to see that this is not a particularly American problem, and though the entire world is looking for leadership, it is not particularly an American solution.

The greatest role for the next American President is to provide leadership, shoulder a certain amount of criticism gracefully in the capitalism “blame game” and then move forward to help tackle the single most difficult job of reparation in the history of this country, and probably of all civilized time.

If it only cost me $1500, or $3000 or even $10,000 to fix, what for me as a taxpayer (picking up the slack for children, the elderly and unemployed) might be a one million dollar austerity bill, quite frankly, that would be a miraculous bargain.

I do not see how any man, including the next American president, can accomplish that, but I think he can be a positive force if he’s seen as confident, cool-headed and even-handed by the global community of leaders setting out to correct this problem in the global summits that will occur after he’s sworn in.

As far as the lame duck Bush-attended summit on the 15th, which will be steered by the Anglo Dutch liberal Oligarchy of Gordon Brown and his IMF solution, don’t expect much more than a huge next-day crash of the markets, with the now usual, non-intuitive WGFM manipulation of the Dow.

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