Thursday, October 6, 2011

Occupy Wall Street

Say what you will about the much maligned childlovers, but I bet you they could ever be guilty of stealing 4.6 billion from federal teacher training and afterschool programs in order to re-route that tax money so that high-income taxpayers this year can spend 5.2 billion of it to "remove limits on their itemized deductions." So say what you will about childlovers, but they could never be guilty of stealing 7.6 billion dollars in your tax money--which would have gone to fund "supplemental nutrition for children in poverty," and instead spend 6.7 billion of it on "estate planning" so that the wealthiest among them can avoid "paying taxes on their estates."

The truth of the matter, of course, is that Wall Street and high finance doesn't give a damn about the country's young, unless they happen to be the sons and daughters of bankers. That is no surprise, but what is unsettling is that those who orchestrate this extraction of public resources to avoid their civic responsibilities (which would otherwise be benefiting children and schools, in this case), are still allowed to sleep soundly at night.

Better my money goes to help fund an early childhood education program for inner-city kids right here at home than become a subsidy for some CEO's second vacation home in the Dutch Antilles, but those are my priorities. They are not those shared by the "Greed is Good" gangsters running financial institutions, who believe instead that it's better a wealthy man inherits wealth than a poor child inherits food. Here be strange priorities: rich before poor; money before food; slavery before decency. Unbridled capitalism works that way.

High finance and the wealthy in general have siphoned all but the blood from the underling classes for more than thirty years, and have bought the people's government to legislate their selfishness. They mean to extract from the current generation and extort from the future ones, so that they can make out good before things fall apart. The collapse in their wake will fall on the shoulders of every child living today unless we put our society's future ahead of their next tax-exemption loophole. Dare I say, high finance is a bigger threat to more impoverished young people than drugs, gangs, and child molesters ever were.

The American people have seen the power of demonstration in Tahrir Square to overthrow one corrupt regime, and now simply want to bring the same to the one residing on Wall Street.

No comments:

Post a Comment