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America, You Deserve to Be Poor: an Open Letter to the People of the United States

Dear People of America,

It appears that The Economy™ is in some trouble.

Everyone (all of you) seems to be telling me that if The Economy™ had been more regulated by the government, there wouldn’t be a problem. If you believe that, I have a bridge to nowhere I want to sell you. In short, the problem is not that we have too little government interference, the problem is that we have too much. Please heed this.

Where do you get this idea that politicians, people who not have to do anything of value in order to earn money, have the incredible economic foresight and knowhow to enact the perfect regulations on The Economy™? Most of the men (and Nancy Pelosi) who are brokering The Failout are career politicians, who have no understanding of how the free market works, who have never run a business, or even worked for one for any considerable amount of time. These are the people you are entrusting to fix everything. 

Ladies and gentlemen, I have news for you.

If you honestly believe that our present situation is the result of the unrestrained “greed” of men on wall street (notice how its always men on wall street; of course, there are no greedy women), and that the government needs to step in and save us from them, then you deserve to lose your home and to be poor. 

Any group of people that honestly believes that The Economy™ is suffering because of productive individuals and needs to be saved by unproductive ones, who nominates Barack Obama to be head of state with John McCain as the conservative alternative, deserves to suffer their own contradictions, which means:

America, you deserve to be poor.

But ignore me. Let’s put every CEO and every member of every Board of Directors of every Fortune 500 company in prison tonight, after the debate, with Barack Obama at the head of the mob (John McCain can shoot any that try to escape). After all, they are all greedy, self-interested bastards who contribute nothing to the economy, right? They are only out for themselves, and in today’s economy, we can’t afford anyone who isn’t out to serve the greatest good.

8 Comments

  1. Stax wrote:

    Really? America deserves to be poor? Where do you get the idea that some CEO is more productive or more deserving than average middle class workers. My dad is a Chicago Public School teacher and does a great job. He really gets through to kids and has had an impact on their lives. Just because my dad doesn’t support unbridled free market capitalism, he is less important and less substantial than a CEO? By the way, the WaMu CEO, who held that position since September 7 (a little over three weeks) is set to leave his office with $13.65 million. Wow. That’s one tough job. By the way the last time free market capitalism got out of hand because of greedy CEOs, something incredible happened. I believe it was in 1929, sometime in October.

    Friday, September 26, 2008 at 6:34 pm | Permalink
  2. george wrote:

    Stax, your dad, if he is a great teacher, suffers from the lack of ability to differentiate his product thanks to the teachers’ unions. And economic theory suggests that CEOs are paid so much so that they are unafraid of taking risks, their financial future secured, and thus grow profits. Finally, attributing this or any other breakdown to greed is just ignorant and can easily be defeated without resort to delicate economic argument, which I fear you will not appreciate. If greed causes these collapses, what happens the rest of the time when the economy stays stable? Does greed take a vacation? I thought it was a constant human vice?

    Bill, what we obviously need to fix The Economy is another Cabinet-level position. The name Secretary of The Economy would not convey the range of his power; rather he should be known as The Planner, Guardian, and Executer of The Economy.

    Friday, September 26, 2008 at 10:38 pm | Permalink
  3. Bill,

    Collective guilt? Since when…

    I deserve it? Why?

    NickyCheese’s last blog post..An American Carol

    Saturday, September 27, 2008 at 11:40 am | Permalink
  4. Yeah, we deserve to be poor. Good thing we already are.

    Except the people we are supposed to dole out 700 billion to.

    They deserve to be rich, because they are so smart. After all, they were able to drive an economy into the dirt with great akill. Bravo, smart guys.

    Jack-ass.

    Thursday, October 2, 2008 at 1:13 am | Permalink
  5. Elizabeth wrote:

    The thing about your suggestion that more deregulation would be better for our economy is that it’s deregulation that got us here in the first place. After our first great depression, certain laws were set in place for the specific reason that when allowed to do what they want, banks would do exactly that. Corporate greed at full throttle, courtesy of full government freedom.

    Friday, October 3, 2008 at 7:27 pm | Permalink
  6. Jason Bourne wrote:

    Yes, America deserves to realize how poor she has been for a very long time. Also, how ignorant and decieved by the politicians and corporations. You have all been sold out and brainwashed.
    It is not a good thing to be a bad person, but with business, lying , belitteling, is the norm.
    The new generation of adults that will be running the show, by enlarge are selfish, hateful, judgmental, greedy, corrupt, un-kind, (kinda Evil), yet very simple and not all that bright.
    It is not their fault though. It is the fault of every generation before and the way the world has become thanks to the rat-race.
    Batten Down The hatches because when the shit hits the fan real soon, it will truly be everyman for themselves, chaos, mass murder, crime, not to mention the facist, police state militia.
    It won’t be long before America looks like Iraq does now. That is Karma, just like OJ,
    the Universe takes care of ultimate judgement and punishment for the wickedness that is very anti-nature, Earth, Life, Love, Animals, Inncocence; All becoming rapidly extinct.

    Sunday, October 5, 2008 at 10:26 am | Permalink
  7. America already is poor… It has no cash and mounting debts. Go ask the leading accountant of the US government, David Walker. And politicians promise even more spending and just say, “the rich will pay for it” as if the rich are some unlimited bank America can tap to buy anything and everything… In the future, with poor tax policies, many international companies may decide against having their headquarters in the US and many productive and rich families may move to more productive and tax friendly nations where wealth building is a little easier. But back to the debt… The US was rich at one time, but now it is far from it and they have no one to blame but themselves for allowing for, and voting in, politicians that spend beyond the governments ability tax. The average American is guilty of the same “spend beyond your means” mantra the government is. Financial 101 was never taught in schools though it’s a major part of life.

    America will be paying for it’s spending in many ways: inflation, devaluation of the dollar, increased spending on interest payments, increased taxes, opportunity costs, less new job creation by the rich due to more of their money going to taxes rather than business ventures, etc, etc. America has a new name: I.O.U.S.A. (BTW, that’s an actual documentary, not just a cool slogan - they have a free 30 minute version on their official site or you can find a link here: http://www.nabloid.com/iousa-30-minute-version/)

    I strongly believe that the Republicans have become liberalized and the Democrats are REALLY liberal and headed toward partial socialism on some topics (like healthcare), not on all topics though…

    The “conservative” Republicans enlarged government and spent more money than has ever been done, and then gave some tax cuts so they could tell people they were still conservative… GO look up conservative in the dictionary - a conservative would NEVER want a tax cut when the government isn’t even balancing it’s budget - and no, you can’t grow your way to balanced budgets when you’re this far off. A true conservative would never want to increase spending so quickly without any thought of “what can we afford?” Why is there no real conservative party, the type of party that would not raise OR lower taxes until the government has cleaned house and balanced the budget? Oh, probably because they would tell the cold hard truth about finances and people don’t want to hear it. You can’t buy it if you can’t afford it. People would rather hear a politician promising to spend, and they will get exactly that.

    I’d like to add, some regulation can be good and some can be bad - though most turn out to be bad. Regulations that forced banks to give out sub-prime loans to those that couldn’t afford them actually helped get us into this mess! Yup, poorly designed regulation got us to where we are in this current financial collapse!!!!!! People blindly scream for more regulation and blame lack of it for all their problems, when they should realize not all regulation is good and poorly designed regulation can be a huge problem. That said, some regulation can be good! One piece of regulation I agree with is something to prevent people from taking on more debt than they can afford. I think that’s actually conservative… I hate most other types of regulation…

    The use of cheap debts combined with inflation have been hiding America’s true problem: It is no longer economically sustainable and hasn’t been for a while - they’ve been hiding the problems for a while now… In the end, the middle class is still slowly eroding from inflation (and I’m talking about REAL inflation, not the inflation numbers they officially give us). One working parent was all that was needed in the 1950’s. Now we need two - and we need to use our house like an ATM and withdraw some of the “equity” to pay for things… and our 12 credit cards are maxed out. It’s ridiculous.

    The author of this article said it a bit harshly, but in a Democracy, you do get what you deserve and you get what you vote for. America doesn’t care about finances - Americans just want their cake and don’t really care who pays for it.

    Robert Nabloid’s last blog post..Nabloid’s Economic Policies: Good Economic Policies Result in a Healthy Environment for Investing

    Monday, November 10, 2008 at 8:33 pm | Permalink
  8. Mr Butters said, “Except the people we are supposed to dole out 700 billion to. They deserve to be rich, because they are so smart. After all, they were able to drive an economy into the dirt with great skill. Bravo, smart guys. Jack-ass. ”

    You’re partially correct, though you are being sarcastic. Those people that got the $700 B bail-out are from the same organizations as many of the political advisers to both Obama and McCain. Obama won, but in his camp he has a lot of Goldman Sachs/Federal Reserve/Freddie Mac/Clinton boys. Obama sure was quick to endorse the bail-out for being a man of such change and “no ties to the Washington establishment”.

    I guess they are smart - smart enough to have both political parties in their back pocket and handing them cash right in the open! Who would have thought a President Obama, the demi-god of America and Robin’ Hoods best friend, a man who hates the rich establishment, would vote in favour of giving bankers so much money without any oversight or repercussions? I’d say they are pretty damn smart - or else someone else that they are fooling is just really dumb?

    If you would have told me the American people would vote overwhelmingly in favour of a President that votes in favour of handing out massive amounts of money to rich bankers, I’d have thought you were telling a joke. But then again, both McCain and Obama were in favour of it. Some choice you had - But hey, it’s a democracy, right? Isn’t it? They said it was in school! We get to choose party A or party B.

    Robert Nabloid’s last blog post..Nabloid’s Economic Policies: Good Economic Policies Result in a Healthy Environment for Investing

    Monday, November 10, 2008 at 8:47 pm | Permalink

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  1. » Ayers, Keating, and Dominos Let Them Eat Cake on Monday, October 6, 2008 at 5:26 pm

    [...] Even though I am not actively rooting for the McCain Palin ticket, I am glad to see that McCain has finally realized that nobody is enthusiastic about him and he can only win by presenting the real picture of the alternative.  If nothing else, this election is becoming interesting if only as content for a Machiavellian analysis of how campaigns choose to present their message. And above all, this weekend’s events excite me because the McCain campaign seems to be laying the groundwork for the release of “The Whitey Tape”. The economy is finally paying the price for years of equal opportunity lending, and both of the candidates are clueless on all things economic, but at least Obama and McCain are sure to treat the public to a great political soap opera as Wall Street crashes and each faults the other for not offering fresh ideas on how to fix The Economy. [...]

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