Tag Archive | "sound the alarm"

Wake Up, America!

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Wake Up

Paul Revere was a Boston silversmith as well as a patriot, whose efforts galvanized and protected our nation in its nascent stages against what, in this age, could be deemed a hostile takeover.  During the American Revolution, Revere helped to organize an intelligence/human alarm system that, literally, kept its eye on invading British troops bent upon ripping our independence from us in the very moment that we’d found it!   The silversmith and his compadres, William Dawes and Samuel Prescott, rallied together to warn our citizenry of the impending invasion, thus striking a proactive blow against the British and facilitating our true independence.

 

Today, America is desperately in need of men like Revere, Dawes, and Prescott, who courageously rode through the night, admonishing citizens to take up arms against the impending assault.  In fact, we needed these brave people well before the revelations of September 2008 struck, ushering in a nosedive in the stock market and a resultant economy so dismal it teetered on the brink of another Great Depression.  Once again, we find ourselves at the hands of Powers That Be seeking to break the finances and ultimately, the backbone of our nation.  Once again, we seesaw on the brink of monumental change controlled by a government with which many of us do not agree.

 

Our Founding Fathers scripted a Constitution to prevent this from happening.  But the words in that esteemed document are, alas, but rhetoric without a citizenry possessing the backbone needed to enforce rather than amend it.

 

In a free enterprise system, the role of government is not to bail out businesses with taxpayers’ money, thus risking our financial future.  Government’s only duty to its citizens is to protect and serve them from enemies both at home and abroad.  The “at home” category encompasses the weasels who bilked $700 billion out of taxpayer funds and then continued to milk us dry with each successive tanking of their respective industries.   The Great Depression, which lasted a decade, prompted government to install safety measures in order to protect its citizens from unscrupulous institutions in the banking industry and Wall Street.  Committees were formed to oversee these industries so as to avoid repeats of another economic downfall.  Some fail-safe, huh?

 

Who in government hollered “Hold it!” before bailing out the banks, other mortgage lenders, and certain car manufacturers by doling out our hard-earned money?  Did anyone suggest or push for a full Congressional investigation of the events precipitating the bailout and the subsequent, inevitable fallout?  A thorough investigation may have saved innocent and disenfranchised taxypayers, as opposed to big business.  Such an investigation may have prompted a reinstitution of the bankuptcy laws that the Bush administration buried like toxic waste in an effort to toss a lifeline to the big, rich boys, or of laws defining usury and business ethics with banks - including bailout recipients - charging as much as an unconscionable 30% interest to their credit cardholders and unscrupulous mortgage lenders feathering their own nests.

 

If we have the guts to rally such an investigation, we should start with the SEC (Securities and Exchange Committee).  This governmental watchdog agency did not do the job with which they were entrusted.  If fraudulent business practices were found by the SEC (and those huge bailouts pointed plainly to unchecked greed and fraud), the criminals should have been prosecuted, not helped along with blood money (i.e., our own blood, sweat, and tears).  If indeed America had been, as per all indicators, hijacked by underhanded robber barons, which of these thieves gambled that Washington would pay off their debts in a crisis situation?  What are the odds that the $700 billion lifeline resulted from honest mistakes?  I don’t know, but I would not want to lay odds on that particular scenario, for fear of losing my shirt.

 

Today, through government intervention, the automobile industry is in a shambles.  Once employing many thousands of workers, this was the last, U.S.-based bastion of a once mighty and diversified national manufacturing arena.  Now that, too, has gone belly-up, taking with it thousands of dealerships that have been badly impacted, if not totally scuttled.  The next industry on the chopping block is the healthcare industry, and who knows what is next?

 

Before the next axe falls, we need a Paul Revere clone, or at least someone of his courage and integrity, to sound the alarm in time for us to take a stab at fending it off.  Barring the emergence of such a deus ex machina, we, the citizens, must demand tranaparency and accountability in government.  These prevailing attributes will serve to enact the tenets underpinning our Constitution and truly serve as safeguards to our citizens. 

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