The Big Short….
is a movie based on the reality of what caused the collapse of the world economy in 2007. In the financial “services” sector of the U.S. economy, a “short” is to bet against something.
The financial “elite” bet that they could get away with defrauding the American public indefinitely by purposely selling mortgages they knew were shit to one another & the audacity to then bet that they could bundle them together in vast quantities & hide their worthlessness. And the “credit rating” agencies upon which everything is valued & holds god-like power over us, stamped them with triple A ratings i.e. the best rating you can get. And these wealthy whores knew full well what they were doing & didn’t give a fuck because they knew the federal government would bail them out & that they wouldn’t see a single day in prison.
They were right & they duped the gullible public by shifting the blame to the poor & the immigrants as they have done throughout history. How? By labeling them greedy for thinking they could buy a home they obviously couldn’t afford. Of course they hid the true facts regarding their predatory lending practices i.e. if you were breathing, you qualified for their deceitful mortgages with the hidden balloon payments, etc.
The cold, hard facts are that the economic meltdown was the fault of the insatiable greed of the “Super Banks” & many of their Wall St. cronies like hedge fund managers, the mortgage lending giants, the credit rating agencies that sanctioned the tens of millions of shitty loans, the real estate industry, the world’s largest insurance corporation—A.I.G., & all the corrupt politicians who looked the other way because of the campaign donations, etc. they received from the corporate cockroaches.
Hitler rose to power by blaming the Jews primarily for Germany’s economic depression between WWI & WWII. And once he became Germany’s most powerful man, he shored-up his power by first accusing, then beating up & jailing anyone who dared to challenge his authority. And when that didn’t work, he had them killed i.e. intellectuals, artists, writers, teachers, professors, homosexuals, immigrants, etc.
Does this sound at all familiar? Trump rose to the highest position in America, the presidency, by attacking & blaming Muslims, Mexicans, Blacks, gays, the Obama administration, Wall St., and the media. I fear that we may come to a new form of fascism, an American fascism & we may very well begin the mass incarceration then the extermination of all the Muslims living in America that the “intelligence” agencies, the military, & the police that are resembling military occupation forces more & more.
However, it will be much easier for the tin-pot would be dictator Trump than it was for Hitler because today, “our” government—what a farce—and the corporate cockroaches, especially the “social media” platforms like Microsoft, Yahoo!, Google, Facebook, Paltalk, You Tube, AOL, Skype, & Apple to name just the major culprits. Consider the fact that tens of millions if not billions of people—mostly young people—around the globe are addicted to their “Smart” phones to the point that they interact less & less with their friends in the old fashioned sense i.e. talking face to face, going out together, offering true human sympathy/empathy when their friends are troubled, etc. instead, they have developed insatiable appetites for collecting fake friends they’ve never met & the more “likes,” etc. they collect, the more popular they feel.
So, these so-called “Smart phones,” are de facto making us a much more atomized or isolated people, helping to “dumb us down,” and freely providing the government & the corporate cockroaches all our personal data by illegally & immorally all our e-mails, phone calls, physical locations which they can monitor & track, text messages, web searches, websites you visit, our purchases, what we read & write, etc. all with the friendly help of the “social media” platforms or websites & “services.”
Will we sleepwalk our way to our death & a horrific future more terrifying than any of the zombie or vampire cult movies & television programs the public is enthralled with? A large percentage of Germany’s Jewish population stood by in disbelief as Hitler’s gestapo & SS escalated their violence against them as well. And the so-called, “Good Germans” stood silently by as the evil spread like a virus among their countrymen.
Reflect if you will on the illiteracy of the American public i.e. just scan through your T.V. guide & yeah, we have hundreds of choices but it’s clearly not much of a choice if you’re at all concerned or value true intellectual stimulation. Movies are a steady stream of comic book heroes, monsters, ridiculous “Romance stories,” absurd science fiction (Heinlein, Bradbury, Asimov, Clarke are the rare exceptions), gratuitous violence, or pure pablum. The reading habits of Americans are the laughing stock of the world, and when is the last time you enjoyed a serious political discussion with your friends or even strangers? And lastly but certainly not least, the fact that we have the most illiterate & proudly anti-intellectual president in U.S. history, Donald of the Duck Dynasty Klan is gutting every government agency established to protect the environment and us from the corporate predators & threatening a nuclear war with N. Korea, etc., should scare the Hell out of you! But hey, Hell may not be such a shock when it comes because we’re already acclimated thanks to Trump & the corporate cockroaches who are speeding-up Global Warming?
In conclusion, we’re all being shorted or bet against. The corporate cockroach conspiracy is that we’ll be too preoccupied with our smart phones & other distracting toys to notice that they’re fucking us yet again. Yep! They—the financial “wizards” which should rightfully be called the war profiteers & whores who rob us blind—were supposedly bailed-out to save our economy & offer loans to people to start new businesses, prevent bankruptcy, etc. but Paulson, Geitner, Bernanke, Summers, etc. were afraid to put it in writing for fear they might not accept the billions from our Treasury. And lo & behold, they refused to help us, the peasants who just pay all the taxes they used to bail out the Wall St. wolves & millions of Americans had their homes illegally foreclosed on.
And surprise! They’re at it again & Donald of the Duck Dynasty Klan just gave the super-rich yet another giant, tax break (give away) which they’ll pocket & proclaim they must now cut more social welfare programs. P.T. Barnum is famous for having said, “There’s a Sucker born every minute.” How right he was, perhaps we should change our nation’s name to the United States of Suckers?
As the saying goes in Vegas, you drive into town in a cadillac & you leave on a Greyhound bus. You’ve been warned!
P.S. I almost forgot to mention that those billions that were handed to the “Super Bankers” (Super Predators) helped the big boys to reward themselves with bonuses in the millions for having tanked our economy & sparked a world-wide, economic collapse. Pretty good work if you can get it, eh?