Discontinuous Permafrost has started a great movement called CRAM and I am joining the movement today. It is time American consumers began to fight back against corporate abuse and this seems like a great way to do it. If you want to join, just start putting all those credit card applications back in the prepaid envelops with the words please recycle scrawled across the application or better yet, send them back shredded with a note to recycle the contents.
While we are on the topic of corporate greed...
Is anyone else upset by the politicians attempts to solve our economic crisis by sending us back a penitence of our own money so that we can spend it to prop up the stock market?
Seems strange to me that universal health care is seen as prohibitively expensive when the cost is estimated to be $110 billion a year, but candidates from both parties seem ready spend $50 billion to $150 billion for a tax stimulus package that they hope Americans will spend to prop up corporate profits and the stock market. Americans have been losing their jobs, their homes and their financial stability for a long time, but what gets the attention of Congress? The stock market is going down and the financial institutions are losing their shirts on the bad loans they made to the financially overextended American consumers. Except for Ron Paul, none of the candidates seem to be losing sleep over where the money will come from to pay for the stimulus.
It is time for the politicians to start telling the truth about our economic situation. This nation cannot survive as the major consumer of products that are produced elsewhere. We cannot continue to borrow away our future to prop up our overindulgence today. This is a time of reckoning. It isn't the first time this has happened. It happened once before when everyone was trying to get rich quick by speculating in land and stocks. People were enticed by advertisements to buy the latest technological gadgets today and pay for them tomorrow and credit was easy to get. The only difference was that it was washing machines, radios and automobiles then and it is iPods, cell phones, and Nintendo's today. We are in a recession and we could end up in a depression if the politicians continue to stick jacks under the crumbling foundation instead of addressing the true problems with this economy.
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4 comments:
Speaking of cramming it I received a faith based solicitation by postal mail today from an organization in Tulsa, OK.
According to them, if I filled out the enclosed form by checking off my material desires such as a new car, money to pay the mortgage with or get out of credit card debt they would have their parishoners pray for me that I might be rewarded.
However, first I had to send them a donation in the enclosed postage free envelope before they could authorize the above action.
My response was to type a reply to them that I wished to be removed from their mailing list scam and a copy of their letter was being forwarded to the state attorney general.
I closed by asking them to pray for my requests to transpire. :)
Peace,
Cosmic
Thanks for the visit, Cosmic. There is no end to the scams in today's economic wild west. The sad thing is, the most vulnerable among us will be the ones most likely to fall victim to the swindlers, both legal and illegal. Having taught special education for many years, I know all too well that there are those who will believe almost anything you tell them except the truth.
Excellent point.
Economic stimulus is code for "easy solution for complex problem." No matter how much tax relief we propose or no matter how much the Feds agree to cut interest rates, it will take serious time and a brand new strategy altogether to revive our economy.
It will not happen overnight.
Kevin,
You are so right! It will take not only economic changes but a fundamental change in our values and how we value and compensate people for their work. I plan to write more about that later.
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