Wednesday, April 28, 2010

WHEN WILL WE ALL LEARN THAT BIG BROTHER IS WATCHING US?

1984 has long been over but we have been slow to achieve all the paranoia of the book by George Orwell who predicted (in fiction, of course) what has surprisingly very much come to pass.  Today, those of us who cared enough to watch, were treated to a sideshow among a Senate Committee and seven representatives from the upper echelon of Goldman Sachs.

Mike Taibbi, writing in The Guardian describes how this came to pass. "The SEC's lawsuit against Goldman Sachs is a chance to prevent greed without limits."  Clearly, those testifying were reflecting their suspicion that it was like the Christians fighting the lions in the area with a bloodthirsty, hostile crowd as spectators.  Unfortunately, the defendants could not see and hear the greater part of their TV audience.

Senators Claire McCaskill, Carl Levin and Senator Kaufman had the most direct shots.  However,  like the middle-school age children the media people are at heart, the focus was on the one dirty word used in an email by Fabrice Tourre to his girlfriends in which he admitted to the 'shi**y deal' they were selling.  The top boss described him as immature and having used bad judgment..  That is like saying the Atlantic Ocean is a salty birdbath.

Meanwhile, though many Republicans seemed to agree during the hearings that this was grave wrongdoing, by the time it came to a vote on continuing debate on what to do about Wall St., amazingly only to those with any common sense, the Republicans en masse voted against doing that.  It certainly gives me a greater sense that they are there to try to hold onto their rich friends, generous contributors, and their Washington jobs and care as little about the people they are supposed to represent ans the employees of Goldman Sachs demonstrated in their sales to unsuspecting investors.

We can only hope that people will see the light of reality, that religious people will get the message God is giving them; that good will vanquish evil in the financial markets.  Dare we hope?

No comments: