But this happens to be a NEWS article from my Salon Newsletters that I subscribe to in my E-mail.
http://www.salon.com/technology/how_the ... index.html
As we all know, there are many factors concerning why our present economic situation in the USA has been faltering, and I personally believe that "Deregulation" and what's been happening on "Wall Street" are probably the two top reasons for our faltering economy among many other factors.
Ah! But some of our elected officials in the Republican Party would like to ban some words from any discussion concerning the economy.
So, the words "Deregulation" and "Wall Street" are to be banned from any further discussion.
Yeah! That's right! They want to ban words now!
Hey! I have an idea!
Wednesday, Dec 15, 2010 18:59 ET
The Republican language police
GOP members of a panel investigating the financial crisis vote to ban the words "Wall Street" and "deregulation"
By Andrew Leonard
Peter Wallison, a Republican appointee to
the Financial Crisis Inquiry Commission
In May 2009, President Obama signed into the law the Fraud Enforcement and Recovery Act, which created the Financial Crisis Inquiry Commission (FCIC). The FCIC's mandate was to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." Many hoped the FCIC would end up serving a role analogous to the famous Pecora Commission that investigated the causes of the Great Depression and laid the groundwork for numerous reforms, including the creation of the Securities and Exchange Commission. At the time, Robert Kuttner wrote in the Huffington Post that the new investigative body "could be one of those rare, historic commissions that changes the course of history -- or it could be window-dressing."
Today, it's looking a lot like the FCIC will be remembered for decades to come -- but only as an example of how the partisan divide is utterly crippling any attempt by the U.S. government to rationally confront our economic challenges. The New York Times reported on Wednesday that the four Republican appointees to the ten-person panel had decided to release their own report on what caused the crisis, eschewing any accusations of Wall Street recklessness and putting all the blame for the financial crisis squarely on the government's efforts to increase home ownership through the 1977 Community Reinvestment Act and the subsidization of low interest mortgages through Fannie Mae and Freddie Mac. At the Huffington Post, Shahien Nasripour takes the story one step further, reporting that last week, the four Republican commissioners voted to ban the words "shadow banking," "Wall Street," "interconnected" and "deregulation" from the entire panel's final report.
The fact that the Republican appointees want to pin all the responsibility for the crisis on government actions will come as no surprise to anyone who watched any of the Congressional hearings held over the last two years rehashing the events that led up to the economic meltdown. And it is important to concede that they are not entirely wrong. Fannie and Freddie did play a part in the drama. But the involvement of Fannie and Freddie doesn't come anywhere close to explaining the whole story. Any honest appraisal of the causes of the financial crisis has to acknowledge that many different elements came together to create the mess.
And that's why the Republican vote on what language to use in the final report (and dutifully implemented in their own report) should be deeply distressing to anyone who cares about the future of this country. Deregulation of derivatives trading clearly played a role in allowing Wall Street financial institutions to gamble recklessly on complex financial instruments. The rise of the "shadow banking" system -- financial institutions that play an economic role similar to banks but aren't regulated by banks -- is essential to understanding the nature of the modern beast. The incredible interconnectedness of financial markets -- in which the failure of any single major financial institution can set off ripple effects that immediately threaten a daisy-chain of falling dominos -- is not a controversial insight. And "Wall Street" -- to absolve Wall Street of responsibility to the point where the words may not even be uttered is simply breath-taking.
But as a taste of what we're going to get when Republicans take over the House, it's likely all too real. Spencer Bachus, R-Ala., the prospective chair of the House Financial Services Committee, wasted no time in pushing the party line.
"The FCIC Republican commissioners plainly stated what most Americans have known all along but that Democrats have failed to acknowledge: that lax lending standards and moral hazard promoted by misguided government policies put our entire financial system at risk. Vice Chairman Thomas and his fellow Republican commissioners should be commended for their important contribution to the debate over how to avoid such financial crises in the future."
The truth could not be more different. By willfully refusing to acknowledge that multiple factors contributed to the financial crisis and that government and the private sector share responsibility for the disaster, we are all but guaranteeing a repeat performance.
* Andrew Leonard is a staff writer at Salon. On Twitter, @koxinga21. More: Andrew Leonard
In a class on auto mechanics, let's only discuss the nice shinny paint job applied to the body, the really cool features like the stereo system, the GPS, On Star, etc. etc. But there will be absolutely no discussion on how the engine works or the transmission! Any mention of the car's engine and transmission will be banned from the class room subject of auto mechanics. Even though it's the engine and the transmission that makes the car move, we will not have any further discussion of the engine or the transmission. Therefore, the words "engine" and "Transmission" have been banned from the textbook on auto mechanics. The pretty car is powered by magic and faith in God!!!
OK! Yeah! That make perfect sense! Now I get it!
Now, if you think that my above example sounds rather silly and ridiculous, then you would be absolutely right! But it is indicative of the rout that some ultra-conservative and fanatical religious members within the party have taken.
For example:
Some religious Republican members of the Texas State Board of Education (Indoctrination) wanting to remove Thomas Jefferson from school history textbooks, and inserting their Creationist fairy tales into science textbooks, which I have mentioned so many times in these forums to the point where some of you are sick and tired of it.
So, in the light of this, my above example of censoring any mention of the engine and transmission from a textbook on auto mechanics, and replacing them with magic and faith in God to make the car move is really not so far off the mark, and is not any more ridiculous than removing Thomas Jefferson from history books and inserting Creationism into science books. That is every bit as ridiculous, moronic, and imbecilic as in my above example. There really is no difference.
And so is banning any mention of "deregulation" and "Wall Street" from a discussion on why our economy is faltering so badly in the USA. That is every bit as ridiculous, moronic, and imbecilic as what was given in my example above.
The economy is the Engine, Government is the Transmission, and Wall Street is guilty of sugaring the gas tank, and Deregulation is the sawdust that was put in the transmission to make it sound as though it's running smoothly, when it fact, it's going to burn up!
Oh my! God forbid that we should blame Deregulation and Wall Street for our present economic crises. God forbid!
Hey! I know! I have another great idea!
Let's blame it on the Jews!
Oh! While were at it, let's blame it on scientists and intellectuals, on the blacks, on gays and lesbians, on the physically handicapped and the disabled, on old people, and on the poor!
Hey! Way not?
It worked for Pat Robertson back in 2001 when he blamed 911 on gays and lesbians, and on civil rights, and his reputation is still in tact. He still has his 700 Club on TV and he's still getting rich, blaming all the victims of the world for their suffering while the perpetrators go Scott free!
And, fellow forum members take note:
In another forum topic, it was Imperialists a forum member who once said that the civil rights movement was the cause for so much crime in the USA.
Well, I guess police brutality and the KKK and Neo Nazi Skinheads have nothing to do with crime in the USA. Right??? Right!!!
OK! Now I know better!
No, instead, the blame rest squarely on people who were out marching in the streets protesting against discrimination and for equal rights. God forbid that blacks in the southern states were eventually allowed to eat in restaurants. Eh?
So, to place the blame for our economic mess, the Republican Party is now looking for scape-goats instead of placing the blame squarely where it really belongs, and that is on Deregulation and Wall Street, and also on the huge tax breaks that the previous Bush Administration gave to multimillionaires and billionaires who backed out on their promises to create more new jobs for people while out-scouring American jobs to overseas.
Again, forum members take note:
In yet another forum topic, Imperialist seems to blame the average citizen for our economic mess, you know, instant gratification and all that.
Well, excuse me! When I want to buy groceries I need food in my house today! Not 10 years from now! But today! People taking care of their immediate needs is not instant gratification. It's called keeping your ass alive!
Oh, but it's the average citizen who's responsible for our economic mess, and not the big greedy corporations who pollute our air and water and misuse our money. No, we can't blame it on Wall Street or on Deregulation.
I don't even own a credit card. I have a debit card, so there is only so much I can spend in any given month, and when I check my banking account on line, I know how much I have left so that I don't go over the limit and get overdrawn.
Earlier this year, back in February or March my bank account got overdrawn. This was back when our forums was raided by the zoo-tramps from 4chan and when my E-mail address was posted over at Encyclopedia Dramatica, some sports scum subscribed me to Sports Illustrated Magazine and I got hit with a bill for $98 dollars for a piece of shit pulp ragazine that I did not order.
So, not only Deregulation and Wall Street, but sports is also to blame for our economic mess. I know it almost ruined me financially earlier this year when I got charged for a sports magazine that I didn't even order. Even if we don't participate in sports or watch sports, we still have to pay for sports.
Oh, but we must not blame the big corporations or blame Wall Street or Deregulation, because the words "Deregulation" and "Wall Street" have been banned from any further discussion of the economy.
Hey! That gives me another great idea!
How about if we ban all words from the dictionary having more than one syllable so that we can only talk baby-talk! Well, we have to keep some two-syllable words like football, women, money, and Hummer, but that's it.
Gee! I'm on a roll tonight! Three great ideas in one forum posting! Wow! Can't beat that! Eh?
DUH! I IS A JEENEEUS!!! ME REEL SMART! DUH! HUH! HUH! HUH!
Yeah! That's the ticket!
Better still, let's ban ALL words and go back to grunting like cavemen.
Hey! Why not!
Since the Republican party has presently adopted an anti-science attitude why not go all the way!
Yeah, the Republicans refuse to listen to scientists warnings about global warming and climate change. The Republicans will hear nothing of if.
Hey! That's sort of like the Catholic Church officials of The Holy Office and the Inquisition back in the 1600s who refused to look through Galileo's telescope, and then they eventually had Galileo put under house arrest for the remainder of his life.
Maybe the Republican Party might even want to have all the scientists who talk about climate change arrested and locked up.
Could that possibly be next on the Republican agenda? Hmmmmmmmmmmm???
OK! Maybe I'm being paranoid and worried over nothing. But I smell a rat in the wood-works!
If the Republicans are wanting to ban the words "Deregulation" and "Wall Street", which are actually the two biggest reasons for our present economic crises, from any further discussion, then to me, that is a sure sign that they are looking for other scape-goats.
Remember, Adolf Hitler and his Nazi party looked for scape-goats on which to blame their economic situation back in the 1930s. It started with blaming the Jews and exterminating them and then it went on to exterminating people who were physically disabled and so many other people who were not to blame.
And the Republicans here in my home state of Texas, they want the state to opt out of Medicare and Medicaid, which means that I might die in a couple of years because I depend on Medicare and Medicaid. So, the Texas Republicans are marching in lock-step, or rather, goose-step with the old Nazi ideology of scapegoating and exterminating the physically disabled.
And of course, another forum member, Recovering_Fan who is pissed off at me said that he didn't care. Yeah, he's pissed off because I have been confronting a couple of forum members and I have been posting negative articles exposing all the dirt on the Republican Party, and I cracked a stupid harmless joke about Wibberley playing on the linoleum, so, I guess I deserve to die for that! Uh huh! Way to go Recovering_Fan!!!
OK, I'm down on Imperialist because the Imperialist supports states rights over individual rights and I'm down on Jerry McGuire because when I had mentioned in another topic about my getting a lousy little compensation check for a mere $250 dollars in chump change after some moron in a hardware store slashed my right leg with a sharp blade, Jerry McGuire said that I was just trying to ride the gravy train. Yeah, like I'm not entitled to any compensation for my injuries, while drooling morons with single digit IQs get paid millions of dollars for chasing footballs and free Hummers after raping our women.
OK, sorry if anybody is offended by my forum topics about the Republican Party! Actually, I'm not sorry, because the truth must come out. I fear that our Republican Party is becoming more and more like the Nazi Party, because of their recent anti-science position, censorship of words from any discussion, and their denial of the actual cause of our economic situation which will eventually lead to scapegoating.
History has a way of repeating itself.
Scapegoating is so much easier than investigating and looking for the actual cause. Oh no! Investigating and searching for the real cause, that sounds much too logical and scientific! It's much easier to rely on faith and scapegoating, or magical thinking.
And banning certain words from any discussion??? Oh shades of Orwell's 1984!!!
Well, I for one refuse to be intimidated from using words and placing the blame where it really belongs.
And the blame lies squarely on the previous Bush Administration's tax breaks for billionaires, on the banks and big corporations, and on DEREGULATION and WALL STREET!!!
There! I just said what too many people are too fucking chicken-shit to say.
And I'm gonna say it over and over again and again!
The blame for our present economic mess lies squarely on . . . . . . .
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
DEREGULATION AND WALL STREET! DEREGULATION AND WALL STREET!
There! I just said the two words that are banned by the Republicans from any further discussion on our present economic situation.
So now, Retardicans! What are ya gonna do about it?
Ya gonna have the Language Police come and kick my door in and haul me off to be executed in the streets somewhere?
COME AND GET ME MUTHA-FUCKAS!!!