Today, I am posting a new photo of an old stamp painting titled FEDERAL HOME LOAN BANK. This piece is on paper and is done in oil. It is one of several commemorative stamps that I created and painted by the exhibit at the Carnegie Art Center in 1992. In the late 1980's, we had another financial crisis. This financial crisis involved the savings & loans. Until Congress passed a new law, savings & loans could only invest in mortgages, but Congress in its wisdom decided that savings & loans could also invest in junk bonds. Today, there are no savings & loans, but rather we have Federally insured Federal Savings Banks. The mask in this painting is made from an American flag, that was crafted for the savings & loans by the Congress in the background so they could steal money. As I have written many times, money talks and bullshit walks. If you have enough money, you probably can get Congress to do almost anything. The health care insurance companies do not want the people to have a public option so they too are spending lots of money to see that it does not happen. The Senator from CT, Joe Lieberman, is one big whore who has taken their money and now does not want to let the public option even come to an up or down vote. Some whores rub me the wrong way.
Stay tuned.
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3 comments:
"Those who do not learn from history are condemned to repeat it." (paraphrased)
Problem with this most recent "history" lesson, is that it's way too recent. We're all still reeling from the demolition derby put on by Wall Street.
I voted for Obama because of ideals, and because I nourished the hope that he might be able to make a difference. He inherited the financial mess, and he's participating in the health care mess. Maybe this whole thing is just too big for anybody to tackle -- even a smart, articulate, dedicated man like Obama. Maybe the mountains are too big to be moved.
Summer
Why anyone in this day and age trusts Joe Lieberman is beyond me. He has represented the right not the left in the past decade but calls himself independant so people too ignorant to look at his record and all the facts are easily fooled into thinking he's a liberal. It's pathetic!!
In the recent, and always execellent, observations and comments from Jeremy Granthum, he states he had hoped Obama would bring change to our financial house. Obama had campaigned on change. But, alas, the same miscretins that were part of the financial mess, are still at the helm, and furthermore, the financial industry controls any new regulations to be put forth.
The main premise being that we will probably have another financial disaster in this country.
I, personally, feel that this will lead us into a depression.
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