Letter: The wealth of future generations has been used destructively, he saysTO THE EDITOR: As the main stream continues to play their happy place songs about “recovery,” we are expected to believe that those who caused our conditions are now enlightened with the answers.
By: Scott Thomson, Maiden Rock, Pierce County Herald
TO THE EDITOR: As the main stream continues to play their happy place songs about “recovery,” we are expected to believe that those who caused our conditions are now enlightened with the answers.
We all sang along with the chorus “Green shoots will bring the summer of recovery,” while our own eyes told us that we were getting closer to the abyss. “The new normal” offers only “a jobless recovery.”
If the politicians were correct, then all the “investment” of trillions for bailouts, stimulus, subsidies and debt monetization would have resulted in real production, the economy would be robust, unemployment would be low and Americans would be wealthier. Instead, the wealth of future generations has been used destructively.
Wealth has been stolen from people who made sound financial decisions, to bankers who made risky investments. Hard working people were taxed to buy worthless pieces of paper from billionaires, who should have known better than buy it for themselves.
“A nation can survive its fools and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustle through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear. The traitor is the plague.”
—Marcus Tullius Cicero