: the systematic use of terror especially as a means of coercion
— ter·ror·ist Listen to the pronunciation of terrorist \-ər-ist\ adjective or noun
— ter·ror·is·tic Listen to the pronunciation of terroristic \ˌter-ər-ˈis-tik\ adjective
But what about “Societal Violence”, or psychological violence against an entire country or culture?
It was argued that the attacks of 9-11 were attacks against our culture or our ideals, but in fact they were largely unsuccessful in changing or threatening those things to any great extent. They were more successful in undermining (with the Bush administration’s full complicity) the civil rights and Constitutional underpinnings of our country, but largely they didn’t and couldn’t really change our basic day to day life.
On the other hand, the recent economic attack against the common citizen of this country has been profoundly successful, both in terms of effective results as well as the terrorist effects of the attack. With the full complicity of the past and current administrations, this attack has been the most successful looting of the future hopes and dreams of the citizens of the Western World that has ever been perpetrated in modern times, and perhaps ever.
It sounds like hyperbole, but the numbers make hyperbole seem understated…..TRILLIONS of dollars, not millions, not billions…..TRILLIONS!
I dunno, maybe I’m just wildly cynical or negative, but when this level of incompetency is displayed by some of the smartest people on the planet, I have a hard time believing them when they basically say it’s not their fault and the system let us down……that’s just not credible.
What’s much more credible to me is that they knew EXACTLY what they were doing, and they also knew how the government would respond (or perhaps even decided how the government would respond, see my post here for more info on that, look for the bit about Paulson and his history), and figured out a way to not only dodge the entire bullet, but also how to make a run on the largest source of money on the planet, the U.S. Treasury, AND keep all the bonuses, not tell anyone where the money is going, NOT lend the money back out as intended, essentially they’ve just TAKEN all our money – REALLY!!
In 2008, U.S. residential property shed $2.4 trillion in value, which left 8.3 million mortgages in what experts describe as “a negative equity position.” That’s 20 percent of all mortgages in the country, according to First American CoreLogic.
Look, we all know all the problems we’re facing as a result of this attack, but of all the problems we have, maybe the biggest is that we’re not looking at this thing as what it is……AN ATTACK, and unless we do, we will be subject to it again and again (assuming the country as it stands even survives this one, which is in doubt).
You watch, these people, having been successful in making the country swallow this giant financial rape, will be back with their hands out on this credit card thing, mark my words. And yet those at the top will keep their bonuses, keep their homes and jobs and private schools and mansions etc………and none of them will pay for their exemplary incompetence, because it wasn’t incompetence, it was greed and has been all along.
And yes, you may have guessed that I think this was planned, and that it wasn’t a mistake.
There is a type of person in the world that is driven by acquisitiveness, and that drive to acquire cannot be satiated by successful acquisition, in fact it cannot ever be satiated as long as there is something out there in the world that they don’t own……maybe it’s like a game to them, I don’t know. But I do know they aren’t going to stop just because people are getting hurt, that’s not important to them……what’s important is taking what they see as being “on the table”. So if someone else has something, it’s on the table….and therefore a target. Collateral damage is looked at as being unfortunate but unavoidable, as in “It’s a Dog eat Dog world son, didn’t you know that?“.
$160 million in bonuses to AIG executives? Try billions in dollars slated to be paid by AIG to hedge funds.
The massive now mostly-government owned insurer American International Group is slated to shell out billions of dollars to hedge funds that bet against the US housing market, according to documents reviewed by the Wall Street Journal.
A new revelation in the scandal surrounding AIG’s decision to pay multi-million dollar bonuses to executives — a provision that would have restricted companies receiving federal government bailout aid from paying bonuses was quietly stripped from a bill last month.