America's Culture of Wanton Greed

America's Culture of Wanton Greed

Phoenix : AZ : USA | Apr 25, 2012 at 9:23 PM PDT
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Debt collection practices, free (slave) labor by and from inmates, working mothers who help to support the lifestyles of multi-millionaires like Ann Romney, minimum wage rates, bottom-feeder buy-here-pay-here financing, rent-to-own everything (not just homes), payday loans, lifelong student loan debt, mortgages at three and one-half times the fair market value of the home, et al.

What didn't go wrong with America's economic system during the 1980s Reaganomics era? ("Small government for us, big government for you...")

When did it become okay to deregulate everything and leave consumers wide open and passively vulnerable to just about any over the top money-making scheme meant to drain the middle class and shift the financial burdens just enough to grossly unbalance the scales?

Bill Clinton's administration, though it put America back in black after the Reagan era recession, didn't last long after George W. Bush was appointed president. The point here is that Clinton didn't do much while he was in office to put regulations back in place in order to allay future harm and damage.

It took Bush less than his first four years in office to send the economy spiraling right back into an over-spending warmongering train wreck highly reminiscent of his predecessor, Calvin Coolidge. Republican president Coolidge, history tells us, drove this nation into the greatest Depression it had ever known.

His follow-up act, Franklin Delano Roosevelt, a Democrat, had to dig the nation from under tremendous debt at the time that had nearly the entire nation standing in line at soup kitchens (i.e., 'food stamps') and either homeless or close enough to it. Roosevelt, as socialist as they claim he was, did what he had to do to set the nation upright again, and America still did not learn a lesson. More Republicans got elected, and every time they did, the nation started sinking so badly that another Democratic president (who ends up playing the "equalizer" in hard economic times) had to pull it back up again.

It was like watching a good man keep telling a woman not to go back to her abuser, and she keeps giving him another chance anyway. Until he kills her. Dead.

When do we learn? When does America stop being a proverb of an abused woman who keeps forgiving her lying, cheating, conniving, thieving, life-threatening, weapon-wielding "man" knowing that he's only going to do it again if given another chance?

Or has this nation become so accustomed to being stuck between a truly advanced civilization and a third world country that the latter is the only thing it can compare itself to while bragging that it is the "greatest nation on earth"?

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greeneink is based in Denver, Colorado, United States of America, and is a Reporter on Allvoices.
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