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Economic Crisis - Who's ResponsibleMJS, Tuesday, October 7, 2008 - 16:29
MJ Samuel
MJ Samuel - The economic crisis touches us all. But who is to blame, and who can make the needed changes to ease the situation ? Nicolas Sarkosy demands that those responsable for the American economic collapse be held accountable. Yet, the poster boy for greed and materialism, President "Bling-bling", exemplifies the root of the problem. Because like most people he believed the televised "American ideal" to be real and attainable. Elected on the platform of "work more to get more" Sarko spoke to the greed of a nation. But what voters failed to realize is that since the new millinieum the image of the American dream has been scribbled over by lines of credit. The english business model means failure for the average consumer and small entrepreneur, as it is set up to favor megacorporations and monopolies. The To the average worker this means being a prisoner to one's job, living paycheck to paycheck, never earning enough to go anywhere, or never having enough time True free market capitalism prevents monopolies and price fixing, because everyone gets an equal opportunity. Likewise true democracy prevents privatized For over 5 years, the majority of amercians, canadians, austraillans and brits alike have been spending more than they earn. And as interest payable is accumulative, their debt to income ratio just keeps growing. While the people Sarkozy governs are concerned over a 64% public debt, they are also guilty of hyper commercialism. Why, especially when everyone's The pubs aren't even well translated anymore. As too many french share their leader's obsession and inferiority complex towards the master's of media, and This unhealthy obsession is empowering a new era of serfdom, where the heads of megacorporations become the new monarchy and we the "freeborn" serfs. But this time the ruling class has the technology to collar us all without impeeding our work with cumbersome chains. So who is responsible for the economic crisis? ...everyone. Think of that next time you go to upgrade your telephone or computer, next time you go shopping, There is of course hope. The european model of local commerce and unions, hasn't yet been irradicated. It works wonders to prevent monopolies and price
Monique
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