They’re Back

January 24, 2011 by ItheConsumer.

Having grown up in the 80’s when the Corporate Raiders of Wall Street were busy taking away many of Americans pension funds, I hear talk from the Media on how they want to change the laws so state pension funds today can be raided. And why that should send every American running saying “Honey bar the doors” it seems that most of the commentators are estranged from the fact that many of the states borrowed these funds in good faith in order to keep their taxes from having to be increased over the years. In fact, I wonder if the fools on Wall Street realize how much more they would owe today in state taxes if over the years governors wouldn’t have been allowed to borrow from these pension funds. So why the Corporate Raiders of Wall Street are busy convincing the Media Pundits it is a god idea to allow the state pensions to be raided like so many of our parents and grandparents pensions were raided in the 80’s. I wonder what their answer will be the next tome the State has to raise their taxes because they no longer have the State Employee Pension Funds to borrow from.

Yes, it is true that many of our states face some financial hard times; however, I am surprised if not even shocked that the same Media Pundits who stood up against those who wanted to take away the Bankers and Wall Street bonuses and stock options just a few years ago would be all too willing to take away the American Workers’ money. Is this because they don’t care about the American Worker or somehow believe the benefits paid to these Americans are somehow less valuable? No, I think it is due to the fact they have for so long been use to dividing Americans that it just seems natural to try to turn those who work for private industry against those who work for our states.

Because why they have learned over the years that they cannot turn the debate into dividing the Poor from the Wealthy without getting into trouble and risk being fired, it seems ok if they listen to the Corporate Raiders of wall Street and turn the Working Class against the Working Class so the Wealthy in America don’t have to worry about returning the money they have borrowed from the state pension plans over the years.

Posted in 2011 Rants, 2011 State Problems, 2011 Issues, 2011 General, 2011 Opinion, 2011 An Independent View | No Comments »