This piece was originally published on October 19, 2009 by AmpedStatus.com.
By David DeGraw, AmpedStatus
Recent Headlines: $140 billion! Record Payday for Wall Street
—— Goldman Sachs 2009 Bonuses Could Buy Insurance for 1.7 Million Families
——50 Million Americans Live in Poverty
Paraphrasing a very insightful quote: ‘The amount of poverty and suffering required for the emergence of a Goldman Sachs, and the amount of depravity that the accumulation of a fortune of such a magnitude entails is left out of the mainstream media, and it is not always possible to make the people in general see this.’
The American middle class, once the only effective counter weight to Wall Street greed, has been decimated. Over 25 million people, in what was the US middle class, are now in full-blown crisis mode and urgently need to increase their income.
Over 25 million people in crisis mode! Every seven seconds, another American family is kicked out of their home. We are confronted by a lost generation of young workers who cannot find jobs. Despite all the talk of health care reform, there is no meaningful reform coming for years, if at all, while right now over 45,000 Americans will die preventable deaths this year, and bankruptcies continue to skyrocket due to the cost of medical bills.
Millions upon millions of uninsured, unemployed, underemployed, stressed out and sick people fight through every day and urgently need to get some justice.
And while this is happening, the Wall Street fat cats are reaping billions in bonuses and profits – billions in bonuses and profits that they obtained from using taxpayer money… OUR MONEY. Billions in profits that they are allowed to get away with because their puppets are running the government and making up the rules of this rigged game.
Their profits and the cost of the “government” taxpayer bailout, “the amount of depravity that the accumulation of a fortune of such a magnitude entails” is almost impossible to get the average citizen to truly comprehend. TRILLIONS of dollars is not something that people have had experience with. It is an absolutely huge amount that is almost beyond common comprehension.
However, a revealing new survey suggests that an outraged significant majority is coming to the realization that an organized financial cartel has taken over the government and robbed the US public blind.
75% agreed that: “While taxpayers are still suffering under the economic crisis, the big banks are back to business as usual after their bailouts, ignoring their commitments to help taxpayers and are helping themselves instead, making tens of billions in profits on the backs of the American taxpayers.” 75% agreed
72% agree that “It’s outrageous that after taking trillions of our tax dollars in bailout money, the big banks are now spending millions to lobby against reforms that would protect us from their abuses in the future.” 72% agreed
These numbers clearly prove that there is awareness and ever-growing outrage toward Wall Street, and rightfully so. But just throwing out the term Wall Street or Big Banks is far too vague and too wide a target.
We need to focus our strategy on the small group of men who carried out the financial coup. These 13 men played leading roles in first crashing the economy, and then stealing trillions in taxpayer funds. Some of them are now calling the shots and running the government to insure that their obscene profits keep pouring into their coffers.
Know Our Enemies, EHMs – Meet The Wall Street Economic Death Squad:
Hank Paulson, Tim Geithner, Ben Bernanke, Robert Rubin, Larry Summers, Alan Greenspan, Lloyd Blankfein, Jamie Dimon, John Mack, Vikram Pandit, John Thain, Hank Greenberg, Ken Lewis.
These men ‘presided over the largest transfer of wealth in history, from the working class to the flamboyant super rich.’ What these men have done is obscene. After crashing the economy, trillions, literally trillions of dollars have been funneled into the pockets of a select few, in secrecy, while billions of people suffer in poverty, billions suffer to survive. This small tight-knit Wall Street cadre has committed a crime against humanity.
Take It Personally
On a personal level… think about how much money is taken from your paycheck each week in taxes (if you still have a paycheck). How many of your hard-earned thousands of dollars went away from you and your family and into the pockets of Goldman Sachs via your taxes? Think about that. Billionaires took YOUR MONEY!
Then think about the fact that your paycheck should be significantly higher, as it would be if CEOs weren’t taking an astonishing record of $500 for every one dollar you make. Due to unregulated greed the US now has the highest inequality of wealth in the industrialized world, no other country is even close.
Every time you skip a trip to the doctor, to the dentist, to the food store, even to a social event that could bring you a little stress relief, you should think about these thieves on Wall Street. Every time you skip something that you need, think about the billionaires on Wall Street… because they have YOUR MONEY!
The facts are that $30,000 per person is unaccounted for – that’s $30,000 for every man, woman and child in the US – which means if you have a family of five, your family has lost $150,000 to Goldman Sachs.
While you stress out and struggle, they have your money, and it’s sitting in their banks, sitting in their vaults, flipping in their markets, collecting interest… and dust.
Just spinning in their coffers, as they live lavish lifestyles, while you struggle and stress.
Every time you get a bill and feel that stress, every time you make cut backs to make ends hopefully meet, every time you make an interest payment or rates rise on your credit cards, house, car, student loans, bills, bills, bills… every time you feel that stress, you should think of these thieves on Wall Street. They have your money, and they’re playing you for a sucker!
What are you holding off on? What are you depriving yourself of?
Can you not afford to get gas for your car? Can you not afford a car? Can you not afford your rent? Can you not afford to own a house? Can you not afford to have a child? Can you not afford medical care? Can you not afford to turn your heat on? Can you not afford to pay your electric bill? Can you not afford a second meal today? These are all basic things that every person should be able to easily afford in a technologically advanced society such as ours.
The reason why you can’t afford some of these things is because the financial elite who control the economy have robbed us all. They have launched a war on us and declared us the enemy. We are a population of people that they have been focused on eliminating. This is a deadly serious issue we are facing here. It is the unfortunate reality of our current crisis.
The sooner you recognize this and confront it, the better chance we have for real change, economic justice can still be obtained.
So Know Your Enemies…
Hank Paulson, Tim Geithner, Ben Bernanke, Robert Rubin, Larry Summers, Alan Greenspan, Lloyd Blankfein, Jamie Dimon, John Mack, Vikram Pandit, John Thain, Hank Greenberg, Ken Lewis.
Let’s hold these 13 men personally accountable. They control trillions of dollars. Let’s DEMAND that they use that money, OUR MONEY, for purposes that will give every one of us the basic human rights we deserve!
Do you hear me?
Do you?
Let me know: FightBack@AmpedStatus.com
Operation #1
Objective: Block Bernake Confirmation and Launch Investigation
Fed Chairman Ben Bernake is going to be the next in the hot seat. Get your Congressional Rep to bring the heat! Send A Letter to Uncover the Fed’s Secret Paper Trail.
Where’s Our Money?
Chairman of the Federal Reserve, Ben Bernanke, is up for confirmation to his second term, but he has still refused to disclose where he sent $2 trillion in taxpayers’ money. Send a message to your Senators and ask them to make Bernanke come clean before his confirmation moves forward. Send Here!
Welcome to the Media War
~ David DeGraw, AmpedStatus Action Item
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It’s all Bush’ fault. Banks were forced to lend money to those who could not repay therefore the banks crashed. All Bush’ fault.