In brief: the failure of the bailout

[demiurgent]

It's surprisingly simple.

Neither major political party was willing to sacrifice the election to save the nation.

There is nothing more basic than that. Neither party would sacrifice personal power in order to save the economy of the United States of America.

My representative voted Nay. For the first time, I'm considering voting against her in November. I'm certainly calling her office tomorrow to express my deep disappointment in her.

For those who don't want to see the bailout of Wall street firms because gorsh, they's all rich and it's not fair? I hope you really, really enjoy the next ten years.

Comments

[ed-dirt.livejournal.com]

Thanks. You reply has given me a lot of hope in an area that seemed pretty bleak to me. I would hope that US Military Personnel couldn't be used to enforce totalitarian rule on their fellow countrymen, but I have no military experience so I couldn't say. All I know is that there is a provision in the swearing-in process that requires a soldier/sailor to swear to protect the constitution from threat by foreign or domestic influences, and I worry that if the Commander In Chief were to identify rioting Americans as that threat then the military might follow the orders of that CIC, rather than identifying the Commander in Chief himself as being the actual threat for creating the situation in the first place.

In my wildest hope, the military would turn on the administration and depose them through armed coup, but the fact that the constitution has been under attack for four years with at lest passive complicity by the military keeps that hope in the wild category.

[flemco.livejournal.com]

I actually got in this same argument with Blake about six months ago.

In a nutshell, the math doesn't add up. If even five major social hub cities of the USA had to be put under marial law, we would not have enough military bodies to enforce it.

It's amusing, really. The idea of nationwide Martial law is such a boogieman. I reality, our military and law enforcement populations combined would be outnumbered nearly 170 to 1 by civilians in the real event of a national collapse.

And, as izzy just noted, that's assuming none of the military/police run for the hills themselves.