When it comes to politics and world affairs, nothing happens quickly, even when events come as a surprise. But they shouldn’t come as a surprise. It’s a matter of no one paying attention. We’re an “immediate gratification” society. We want the problems that crept-up on us for years, to be fixed overnight so we can all get back from the shopping mall in time to watch fake-reality TV shows. There’s plenty of REAL reality to go around – the problem is, none of it is entertaining to the general public. We didn’t get into our financial crisis overnight, nor will we get out of it by any definition of ‘short-order’. President Obama has told us this repeatedly, but it’s not the kind of thing voters want to hear.
The Glass-Steagall Act of 1933 was enacted following the great depression to prevent banks and other lending institutions from getting into each others financial markets – so if the basket came crashing to the floor, not all the eggs would be in there at once. In 1999, pressured by a belligerent (blow-job obsessed) republican majority in congress, a cornered President Clinton signed the repeal of the Glass-Steagall Act, effectively removing the very fail-safes that protected and insured a stable US economy. Republicans wanted to “free-up the markets”. A.K.A, pick the pockets of the middle-class until we all were bleeding money out our eyes. It took roughly 10 years, but under George Bush ‘the Lesser‘, the economy collapsed back into the very abyss the Glass-Steagall Act was enacted to prevent. The crisis was further enabled by the incompetence and greed of the Bush/Cheney administration‘s cosy relationship with corporate America and big oil. Not to mention the trillions of dollars spent on that gas-station robbery in Iraq, which to this day no decent person can justify.
|‘The Three branches of Government’ painted by William Thomas Whiting.|
At the risk of stating the obvious, current events are built on the foundation supplied by yesterday’s history. But Americans are sheep. Impatient, short-sighted and for the most part poorly – or entirely misinformed sheep. Listen to the brain-rotting bleating coming from the right-wing fantasy news machine on FOX , and you’ll have your head filled with wedge-issues ranging from gay-rights to abandoning the 1st Amendment of the Constitution in favor of prejudice — claiming all the while to be staunch supporters of the Constitution. In reality, FOX News’ far right-wing agenda is the most unpatriotic, yet effective propaganda machine our country has ever seen. They’ve accurately calculated a large segment of America to be stupid and trusting. What FOX and their conspiratorial pundits and politicians are really doing, is confounding any and all efforts by the Obama administration to correct America’s economy – which is the only REAL issue that actually DOES effect the everyday voter. But never mind that, get riled-up about an Islamic Community Center, or gays in the military, or whatever diversionary tactic du jour the right-wing-think-tank can concoct to draw attention away from the litany of messes they’ve created. Go ahead – let history repeat itself. No one wanted to study it in the first place, so now it’s history’s turn to whip around and bite us all in the rear.
|‘Floundering Father’ by William Whiting|
Note: The portrait to the left of George Bushington, titled ‘Floundering Father’ (After Gilbert Stuart, Acrylic on canvas, 1996) – was painted by William Thomas Whiting during the baby Bush reelection campaign. The portrait was sold at an AIDS fund-raising event for $1,400 which went to feed people with HIV/AIDS through a Philadelphia food bank called MANNA.
‘The Three Branches of Government’ – also a donation to MANNA went for $2,200, and was painted during the ‘hanging chad’ calamity when the Supremes gifted us with baby Bush in the first place. Proceeds also went to MANNA.