The Third Estate
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An Honest Question

Monday, March 17, 2008
If the U.S. (and global?) financial system is in a state of near-meltdown, why are the most important political issues of the day sex scandals, ministers, and whether women or blacks are more oppressed?
Posted by Arbitrista @ 10:41 AM
  • The financial meltdown affects only the top .oo1 percent of society - those people in the past 5 years who have invested billions of dollars in financial schemes based on bad mortgages. The real story is the plight of the people who have either lost their homes or about about to lose their homes, but today's journalists have all been educated at top schools that feed into the top .001 percent of society. Thus, the journalists go where their friends have gone. They are largely missing the more fundamental tragedies affecting the urban poor. Since the urban poor are more affected by racism and sexism, those issues provide more analytical power than the broken financial system.

    I cheer every time the Dow loses 1000 points, because that means the top .001 percent who have gotten rich by srewing the poor are getting their just desserts.

    By Blogger Marriah, at 1:10 PM  
  • Rocks thrown into pools have this annoying tendency to create ripples.

    By Blogger Arbitrista, at 2:15 PM  
  • I agree. If the ship sinks, it won't be the 99% that gets the life rafts. Remember the Titanic?

    Perhaps, this time Americans will remember what happens after they elected a Republican for two terms.

    By Blogger UDZM, at 4:08 PM  
  • It's the old Jedi mind trick. "These are not the droids you're looking for..."

    A little misdirection while the Bush Administration bolsters its corporate welfare program.

    By Blogger Ken Camp, at 12:31 AM  
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