by Jack
The left has been warning us that too much of America’s wealth was being concentrated in the hands of too few. They said the rich are becoming richer and the poor becoming more numerous and poorer. They used the headlines about Tyco, Bear Stearns, Enron, etc., and said the rampant, reckless greed by many of those both running and ruining corporate America has created a new class of criminal; A criminal with too much clout in politics and too much control over the working class.
The left said the growing chasm between haves and have not, is tearing America apart, pitting one economic class against another. The left said outsourcing and corporations moving to Mexico and elsewhere is weakening the American work force and we need to focus on keeping jobs at home and keeping our industrial infrastructure here too!
The left warned us about too much reliance on foreign oil and the need to have clean energy here at home.
The left said we were spending too much on foreign wars and not enough on education and raising our own standards like healthcare.
The left said we are far too dependant on cheap foreign labor and their manufactured goods. They said we should be manufacturing more at home to create better jobs here and insure America’s production might will stay strong.
They left says banks are failing and the President is telling us the financial future of America is in doubt unless government ponies up about 700 billion in bailout money for Wall Street. However, the left is quick to point out folks on Wall Street are making huge bonuses. (Frank Raines cooked the books at Fannie Mae and got away with about 21 million in bonuses.) They say on Wall Street it’s still a case of… making too much money with too many bonuses and not enough Ferrari’s!
The left says American CEO’s are paid many times more than CEO’s anywhere else and they are making millions in bonuses from failing companies and more millions from successful companies. That Wall Street financiers are comfortably settled in multimillion-dollar apartments and town houses with vast riches in offshore banks. They are buying million apartments for their children and living like princes said one leftwing article. In the same article they reported, Last year, everybody bought Ducatis, said one investment banker, referring to the Italian motorcycle. This year its vacations. Im on my way to St. Barts, he said, en route to the airport. Like most bankers, he spoke on the condition that he not be identified, because he was not authorized to talk to a reporter by his company.
What do you think about all this, is it just a load of leftwing rehtoric again, without substance? Do you believe the left is wrong on each and every point or is there some truth in what they say on at least some points? What points would agree with, which do you deny? And lastly, how will what the left is saying, right or wrong, affect the presidential election?