Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

Purrfessor

(1,190 posts)
Sat Apr 20, 2013, 02:24 PM Apr 2013

Why is financial terrorism treated so differently than a terrorist bombing in America? [View all]

While I in no way mean to diminish the impact that the Boston Marathon Bombing had on this country, it was and forever will remain a terribly tragic event, I have a few questions regarding what I believe could easily be considered an equally destructive terrorist attack on America, albeit in a different form.

Here are my questions:

When financial terrorists struck at America’s core and very nearly destroyed the economy, and did, in fact, drastically alter the lives of millions of Americans for the worse, where was Homeland Security, the CIA, the FBI, state and local police, elected officials proclaiming what a terrible tragedy it was and that we, as a nation, would not rest until those who perpetrated this tragic attack were hunted down and brought to justice?

Where was the proclamation that no amount of money was too much to spend in our search for these terrorists?

Why did the government turn to the public and, rather than ask us to shelter in place so that these criminals could be found, demanded that we must bail them out with hundreds of billions of taxpayer dollars, or watch as our entire economic and financial systems collapsed around us?

Why did we allow them to walk among us, completely out in the open without fear that it was simply a matter of time before they were handcuffed and jailed, and then dragged to court before an angry nation decimated by their disastrous attack?

Why did we let them return to their mansions at the end of every work day while their wealth grew exponentially at our expense?

Why did we fail to act when, rather than hiding beneath a tarp on their yachts in fear of arrest and prosecution, they spent weekends cruising our local waterways while toasting the success of their attack with expensive champagne and caviar?

Why did we praise these financial terrorists as “makers,” “job creators,” hard workers who deserved the hundreds of billions, if not trillions of dollars they stole from us, and then label as “takers” those Americans, the true hard workers of our society, who lost jobs and homes and were forced to rely on government assistance simply to pay necessary bills and to feed themselves and their children?

Rather than pass regulations so that we are never again susceptible to such an attack, why do we allow our elected officials to cower in the shadow of lobbyists who lie when they say any such regulations will only make it easier for a future financial terrorist attack on our economy?

In the aftermath of this financial attack, as the nation struggled to recover, why did we demonize teachers and firefighters and police officers and other government workers, calling them greedy and a threat to America only because of pension plans they negotiated in lieu of higher salaries, instead of applauding the hard and difficult work they continued to do day in and day out for the very people who were demonizing them?

We do not provide bombs to terrorist bombers, so why are so many of us willing to turn our Social Security and Medicare Systems over to financial terrorists in the form of privatization? How does this differ from providing bombs to terrorists?

And finally, why do we, the American public, allow ourselves to be treated as scapegoats, as the overriding drain on society, as the cause of our entire financial problems, while the military budget increases year after year, while corporations hide their income offshore, pay zero taxes yet still receive refunds and subsidies in the form of government handouts, while the super wealthy are awarded preferential tax treatment, are free to label their earnings as something other than income in order to further reduce their tax load, and are then given free rein to hide ever more of their money offshore so that in the end it is the declining middle class that has to make up for this tremendous loss of tax revenue?

Why indeed?

64 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Concentrated corporate control over the media is a big reason YoungDemCA Apr 2013 #1
Because most politicians regardless of party are in their pockets. forestpath Apr 2013 #2
I think most, if not all of us on DU know the answers to these questions... Purrfessor Apr 2013 #3
I agree, Purr, and . . . fleur-de-lisa Apr 2013 #10
Thank you...eom Purrfessor Apr 2013 #55
Corruption is a normal part of oligarchic capitalism and the capitalists pay to have the laws byeya Apr 2013 #26
Great questions. jsr Apr 2013 #4
Thanks...eom Purrfessor Apr 2013 #56
why is bank robbery treated so differently from murder? onenote Apr 2013 #5
I think it depends on who robs the bank... Purrfessor Apr 2013 #6
If you think a string of murders is treated the same as a string of bank robberies onenote Apr 2013 #18
Murder is indeed treated differently than stealing. Despite our frustration with those who get away pampango Apr 2013 #31
The penalty for murder might be greater than bank robbery, but the response to the crime is not Purrfessor Apr 2013 #51
Yep. I'm perfectly willing to pay for the living accommodations of financial terrorists Zorra Apr 2013 #7
because we live in an era of corruption, crimes are 100% approved just1voice Apr 2013 #8
Yep!! eom Purrfessor Apr 2013 #9
"Terrorism" != "Bad thing I don't like." (nt) Posteritatis Apr 2013 #11
The Inner Crowd of Persons responsible for the Collapse of truedelphi Apr 2013 #12
++ GoneFishin Apr 2013 #15
Isn't this the argument of Jihadists and terrorist bombers? Zax2me Apr 2013 #13
'Cuz "Those with the gold make the rules" or buy politicians to do it for them. Tierra_y_Libertad Apr 2013 #14
It's simple.They own the people sulphurdunn Apr 2013 #16
Castrating The Oligarchs Is Akin To Mentally Castrating The American Dream cantbeserious Apr 2013 #17
In the Capitalism Pyramid of property, power and socioeconomic snobbery,crimes perpetrated on those ancianita Apr 2013 #19
Courts and politicians are useless BethanyQuartz Apr 2013 #20
because I can recover from going broke.. I can't recover from death. scheming daemons Apr 2013 #21
Many people do not recover from being broke. truedelphi Apr 2013 #25
Going broke brings with it an entire constellation of unpleasant(or evil even) side effects and byeya Apr 2013 #28
And few among us ever heard of this - i didn't until just now. truedelphi Apr 2013 #30
4,609 workers were killed on the job in 2011 according to the Bureau of Labor Statistics. byeya Apr 2013 #37
It was the Hawks Nest tunnel. The murders, I'll call them murders, are well known in the part byeya Apr 2013 #38
But the only war we could gear up for as a result of those murders truedelphi Apr 2013 #53
Wonder if the victims of West, Texas would agree... Moostache Apr 2013 #27
Indeed strange7 Apr 2013 #33
People die every day as a result of financial terrorism. nt woo me with science Apr 2013 #35
to most people gejohnston Apr 2013 #22
i hear what you're saying, but.... ellennelle Apr 2013 #23
People die every day as a result of financial terrorism. woo me with science Apr 2013 #34
Because the narrow minded only see evil when it's obvious. athenasatanjesus Apr 2013 #24
Why is financial terrorism treated differently, you ask? DeSwiss Apr 2013 #29
The Best strange7 Apr 2013 #32
Huge K&R. Thank you. woo me with science Apr 2013 #36
. Indiana Apr 2013 #39
Yup.... whether you like it or not... Bigmack Apr 2013 #42
. Indiana Apr 2013 #48
Easy - because "Financial terrorism" is a made-up non-thing. Donald Ian Rankin Apr 2013 #40
What do you want to call them... heroes? nt Bigmack Apr 2013 #43
Depends on what world you live in. For 99% of us it has obvious connections. GoneFishin Apr 2013 #47
+1 n/t Orsino Apr 2013 #64
kick woo me with science Apr 2013 #41
Financial terrorism is terrorism. Initech Apr 2013 #44
What financial terrorist? You didn't define the term or name anyone. Honeycombe8 Apr 2013 #45
Money is important but in the end it is just money treestar Apr 2013 #46
. Indiana Apr 2013 #49
Yes but stripping people of their ability to provide for themselves places them at risk Purrfessor Apr 2013 #50
. Indiana Apr 2013 #54
It may not be the same to you... Purrfessor Apr 2013 #57
. Indiana Apr 2013 #58
No I did not say that.., Purrfessor Apr 2013 #59
. Indiana Apr 2013 #60
Let me try this again... Purrfessor Apr 2013 #61
The Texas fertilizer bomb = financial terrorism mhatrw Apr 2013 #52
Because recklessly lending money to people who may not have the means to pay it back, Nye Bevan Apr 2013 #62
Because it is their money that keeps Congress employed. nt Ruby the Liberal Apr 2013 #63
Latest Discussions»General Discussion»Why is financial terroris...