" America's Political Class gives Treasury Secretary Timothy Geithner rave reviews: 76% have a favorable opinion of him. Two-thirds (66%) of the Political Class say Geithner's doing a good or excellent job handling the credit crisis and federal bailouts.
However, the latest Rasmussen Reports national telephone survey found that America's Populists see things from an entirely different perspective. Just 12% of Populists have a favorable opinion of Geithner, and only 11% say he's doing a good or an excellent job." Rasmussen Reports 3/22/09
It's now Wall Street versus Main Street and Obama can't have it both ways in a battle that the pubic is rightfully seeing as ' Class economic Rape '. Main Street needs a cheerleader and Keith Olbermann has picked up the scent.
That's a term that Olbermann used in his impassioned plea to Bust The Trusts on his most recent special comments regarding the bank bailouts and the excesses of the CEO'S of bailed-out multinational corporations.
Once again, a Republic is a government limited by laws but when laws and regulations break down, as they most certainly have over the past eight years, what emerges is an Oligarchy ~ the tyranny of the elite and self-appointed financial masters of the universe.
Matt Taibbi , Rolling Stone, refers to it as The Big Takeover or better yet Power Grab ~ " The mistake most people make in looking at the financial crisis is thinking of it in terms of money, a habit that might lead you to look at the unfolding mess as a huge bonus-killing downer for the Wall Street class. But if you look at it in purely Machiavellian terms, what you see is a colossal power grab that threatens to turn the federal government into a kind of giant Enron ~ a huge, impenetrable black box filled with self-dealing insiders whose scheme is the securing of individual profits at the expense of an ocean of unwitting involuntary shareholders, previously known as taxpayers."
The takeover has already happened and only our united outraged voices can stop it now.
Allen L Roland
Freelance Alternative Press Online columnist and psychotherapist Allen L Roland is available for comments, interviews, speaking engagements and private consultations ( allen@allenroland.com )
Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net
Cartoon courtesy of Tom Toles / Washington Post