Monday, March 16, 2009

AIG reveals deep cracks in what Americans believe they will take

The AIG crisis shows that Americans will tolerate much more self-abuse than previously  thought.  We can continue to fail to articulate the real contradictions in our political economy, and say things like, "those darned bankers!", when the real issue is not the bankers.  Sure, the bankers are robbing the taxpayer, but we have to continue to PAY them to rob us, indeed, to give the handgun and point it at OURSELVES, so they can buy bigger boats and have chauffeurs and travel first-class.  WHAT THE F - - - ?  What is going on?

The bankers and brokers and traders would much, much rather hold onto their huge bonuses than not hold onto them.  In fact, once they get that money, they'll fight for the rest of their God-given lives to keep it!  That's because they thought they were going to get it, and they like money, just like you and me.  They would rather have that money even if it meant the bailout failed, which they probably feel is a bigger issue than piddly them, FAILED, and brought the entire country into a Depression, because they could always argue it was structural, no one parts with wealth voluntarily at those masses.  No one.  Would you?

So railing against this gigantic concrete edifice of obviousness, that's the way forward somehow?  What frustration are we expressing, besides our realization that we have no view, that we can't ignore the obelisk, that it blocks our path?  That we are looking at the incommensurability of capitalism with the public weal?

No comments: