A purely subjective look at our chances to survive those who rule us

Michael Collins

The Money Party November 27, 2010

http://www.themoneyparty.org/main/?p=266

Will we survive those who rule us and those who aspire to rule in their place, that
bipartisan coalition known as The Money Party?

The parade of indictments on Wall Street is just beginning. On Tuesday the FBI raided
three major hedge funds (very large private, highly exclusive, unregulated investment
funds that generate huge returns for the lucky few). There are more raids on the way,
twelve according to one source. Business Insider's excellent article made clear what has
the Feds upset: "What's happened, it seems, is that the government has discovered a huge
ring of friends or acquaintances who all know each other." Its called insider trading,
taking advantage of information to make those huge profits the hedge funds offer. Ten
years after the Wall Street Casino opened, they're finally regulating. It may be time for a
scapegoat. The hedge funds will do, it appears. The defendants may wish to put in an
early bid for a conveniently located federal penitentiary.

It will be months if ever before trials to start for the targets of the FBI raids. In the
meantime, Congress failed to extend unemployment benefits for four million workers set
to go off the rolls in January. "The peoples' House" voted 258 to154 in favor of
extending the benefits in the midst of real unemployment around 20%. But in our
nation's capitol, a majority is sometimes not a majority sometimes. The vote fell Speaker
of the House Nancy Pelosi and her crew required a super majority for passage. There's
no success like failure.

In one of the strangest episodes in the war on a word, the Transportation Security
Administration (TSA) rolled out new measures to inhibit travel. Passengers in 68 airports
(up to 1000 by the end of 2011) must submit to a full body scan or, if they choose, a pat
down by TSA agents. There are concerns from major scientists that the radiation from
the body scans may be dangerous. According to the TSA, the pat downs will include
examination of the "genital area" (for adults, TSA hesitated about this for children). If
you decide that you don't want to fly and just go home, that's not allowed. They'll do it
anyway or charge you with a crime with a $10,000 fine. So travelers have a choice -
irradiation, being groped, or a federal charge with a big fine.

Reports from Haiti indicate that there's a cholera outbreak. An estimated 4,000 Haitians
will die with the top end 10,000 deaths. The Chronicle of Philanthropy released a survey
in July showing only 27% of all the funds raised for Haiti have been disbursed. The
">Toronto Star noted just today that only 10% of the 160 million plus for cholera has
arrived as aid in Haiti.

In California, Hope of the Valley, a North Hollywood based charity, plans to feed 1500
people in need on Thanksgiving Day. The charity has regular meal programs for the poor
in Southern California. It has only a few paid staff, 40 plus volunteers, and spends 87%
of all donations on direct services to those in need. Not much to be thankful for in Haiti.