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Is It Just My Imagination?
Is it just my imagination or have I been away on sick leave too long and not been paying attention? I'm talking about the lack of media concerning our economy, our Recession and the culprits like Goldman Sachs that caused this domestic disaster with a lot of spillover abroad.
It seems to me that our media is a one dimensional world whose focus on more then one major event at a time is limited - a form of media Attention Deficit Disorder - if you will.
I know I have been a way from the internet for several weeks but for those days and weeks of being relatively immobilized, I was able to surf the tube. Yes, there was a new disaster - The BP Gulf disaster - and it captured the airwaves. Almost every news network fixated on this disaster.
Don't get me wrong, this is a horrific event that will change the lives of many here in this country, abroad and beneath the sea forever. Life as we knew it will never be the same. An important event but with many parralels to our financial crisis and those Too Big Too Fail corporations.
Given this disaster, the previous economic disaster and the global financial crisis disasters, one would think that the media would have much to write about, report on and inform the public of the dangers of corporations who are just too big whose cultures care little for mankind. These corporations care only about historic profit taking and stock market manipulation to gain higher earnings for the top exhelon of corporate exec's and by default their stockholders (the true owners)
So where are the reports on the fraud, illegal activities, SEC investigations and other law suits on Goldman Sachs? Why does it seem they have all but disappeared into the sunset while Americans - you and me - are still suffering the affects of the damage they created?
Were it not for the internet, these stories would not surface anywhere and the public would simply forget. But even the internet is not buzzing as much as it once was. It seems that our interest in disasters are limited as we tire of one and move on to the next while nothing is ever resolved.
Now the latest news is that Goldman Sachs and the other Wall Street Banksters could have up to 12 years to comply with the new financial regulations.
According to Bloomberg Businessweek, some U.S. banks, including Goldman Sachs Group Inc. (GS) and Citigroup Inc. (C), may have until 2022 to fully comply with a new provision in the pending financial reform legislation.
The provision known as the Volcker Rule, named for former Federal Reserve Chairman Paul Volcker, seeks to curb banks from assuming excessive risk by banning them from investing in hedge funds and private equity.
We as Americans have become so complacent that we moan and groan for a bit then just accept what rotten deals we are handed. We, as Americans, are led by the temporary sound bytes on our boob tubes living only in the reality of what is reported in the moment. We have truly become a nation of Sheeple led to the slaughter by the Goldmanites whose conquest it is to conquer the entire world. We have seen other empires in history that hve wanted to control the riches of the world with little regard for any humans that got in their way.
Is it just my imagination or is it a fact that Goldman and their band of merry banksters will continue to rob from the poor and give to the rich (I mean to themselves)? Will they never see any real punishment for the harm they have caused to millions in our country and around the world. Are we going to allow their crimes that depleted the retirement accounts of so many individuals and governments to go unpunished?
Where is the outcry? We are still broke and reeling from the crimes of these TBTF's yet no justice seems to be in sight for us. Only a warning shot fired over their bow to give them 12 years to complete their efforts of transferring all the wealth to themselves and to those few who helped them do so.
Is it just my imagination?