Sen. Sanders' "Too Big To Fail" Bill Isn't a Serious Proposal

[freshwest]

50. When I first read a post on this bill, I thought it was old story brought up for attention.

The strategy already adopted called "Systemically Important Financial Institutions" (SIFI's) came immediately to mind. I remember when the fail tests were reported, and it took a lot to do them, too.

I'm not sure why SAFE, if it is the same thing, was introduced. Warren said some time back, that Dodd Frank was the most significant thing she'd signed onto and was proud of it.

There is a good deal of media recycling of old stories. During the Bush Reign of Terror, I saw canned 'news' on cable 'news' shows like CNN and MSNBC.

One in particular was headed up as most of them, by some off the wall event somewhere in the world or here, dependent on the vendor of a product, about the possibility of a commercial jet liner being brought down by a rocker propelled grenade. That was in spite of the altitude, or maybe just within reach of one. Yeah, it could happen.

And by golly, if there wasn't a solution to this arcane problem already figured out! And a congressman and a bill written! Gee whiz!

Here's how this works, just as Nordquist said about elected officials only needing to have enough working digits to sign the legislation that has already been prepared. Meet ALEC on a national level, folks. And the conglomeration of business interests they represent, and the bought and paid for media.

It works like this from their side. Let's pretend that we own a company that makes this. And I'll speak in the first person here:

First, I have a company, or a concept. You know me, I'm Mr. Job Creator! I need to make some money, because I'm a VIP.

Second, I have to convince, either through ideology or faith (most common method) some legislator to put forth a bill. If he's a libertarian or bagger GOP, a direct bribe will suffice.

Third, I am confronted with one of the oldest problems in the world. No one has asked for my product, and I need a big buyer for the most profit. How to do it?

Fourth, I couldn't have gotten so high in the business world without good marketing. I'm putting in a call to my PR team.

Then comes in reverse order, what the hapless viewer sees in order to get those juices of fear or greed or whatever in motion, the 'breaking news':

First, (and often without Wolfe or whoever taking a break for fresh air as he reads the script) the dramatic, You Must See This Right Now! mood is set. It will employ clips of catastrophies, urgent background tones, the crawl of horrors, and the worried tone of the announcer. In this case, OMG, the terrorists can bring down a plane, I'm gonna die, OMG, OMG, OMG!!!

Second, (without a pause, as they know attention spans aren't what they used to be), Wolfe or whoever, does a clip of an interview with some words from a highly placed' (suspiciously and unverifiably anonymous) or maybe Mr. Working Digits Himself, they have a bill* thank god, Mr. Himself is on the case!

Third, Now they finish the sales presentation, with video and description of Mr. Job Creator's latest product, and see, that's all that was needed. Go back to sleep, America!

*Bill, being exactly what it is known commonly, that come out of your bank account when you agree to pay for it with that IOU. They are writing a Bill that you pay for, as they can't work for nothing, right?

So it goes like this:

Private organization needs money. Has money to develop a product. Finds someone to write the bill. Hires someone to advertise it. Now the sales presentation is complete.

Public input and review of product efficacy is unneeded. It's called the privatization of legislation. Your consent has been manufactured by the media colluding with their sponsors, and you will pay the bill, one way or the other.

I've seen this carried out up close. News stories come out to denigrate schools or any other public institution. They are not in danger of collapse, nor are they any worse than they were before this story hits the news, and the problem may have been solved already without selling off the Commons to a charter or other private firm, where the chances of accountability are virtually nil, as it's proprietary information now.

I could give multiple examples of where citizens, forewarned of these things organized in all the traditional ways, thousands of them, arrayed against the force of out of state or in state people who wanted to break promises made and steal generations of tax revenue, to make money for a corporation who flew them in on private jets. Despite news stories being fair, at the time.

Another example was of a sports stadium. For months the media mentioned in passing that it was old, and people wanted a new one for the honor of the city. The fans didn't care. But contracts and plans were being laid out, and those who would enrich themselves or their friends, supported it. The stadium was still not paid off for the former bond issue, and the new one would take another. Thus the tax payer would be soaked.

So suddenly, all the media arrives to show the demolition of the old thing, to cheers of some and the amazement of others, and the argument was over, no use beating that dead horse. Why was that day picked, before all the public got a say? Before all the costs to the public were made in the news?

Oh, just a coincidence, but the next day the stadium was slated to be added to the national historic record, thus spared, in theory. Now it is a done deal, set up by private contractors, to serve private profit, on the public dime, actually twice, less horizontal and equal in the ability of the public to enjoy it.

This is the triumph of the year around campaign, be it for a politican or a business interest. Sully anything or promote anything, until it is in the first case of sullying, disdained and people won't defend it, they feel by the repetition that they will not be heard, so they self censor. In the second case, something highly touted and given the most airtime, becomes of value despite the fact that it is, at the heart of itself, nothing but nihilism and greed. Yet, since 'everyone agrees' we can't do anything about it.

This is an example of consent manufactured by media through repetition, psychological conditioning, and a stable of well paid shills. That is why the GOP wins so often, it's their media.

Mind you, the first example and others are often not current news. I have seen stories that are three years old, replayed as if it's suddenly a 'news' and a 'crisis.'

It's not. But they count on the litany that might as well be a religious chant, that schools, whatever, is evil. They can go back to history and spell out bedlam, or the camps in Germany, whatever. This is for maximum emotional effect, to drown out the frontal lobe that says - 'Wait, this isn't the real problem.'

They know it's in the public mind, like religion, buried down deep, and able to be awakened at any time. Wash, rinse, repeat.

And now, for the big questions, why is this being rehashed? Is it just to remind people of what a politician's stand on issues is? Did the politican even know this was going to make the news? Is he really emphasizing it? Can a person be a Messiah and not be politican? Can he be both?

And now, that is just a small slice of how despicable the media is, in all forms, JMHO.