The subprime mortgage scam was the tipping point that brought on the Wall Street meltdown that created our current economic crisis. Or so goes the official explanation.
But this crisis might not have been a crisis, if the middle class was economically stronger.
For the last thirty years, the oligarchs who run our country as a for-profit enterprise have passed legislation that slowly moved the nation’s wealth upward. They stripped the middle class of its economic power until our bank accounts and cookie jars are finally empty.
Now we’re forced to help them jump-start their cash machines by mortgaging our grandchildrens’ earnings. Other than some minor tax law tinkering, little has been done to change the economic injustices that got us into this pickle.
A strong democracy depends on an economically robust middle class. We are the geese that lay the golden eggs that the rich so covet.
I'm just a gigolo... - OK. The truth be told, I guess I was a gigolo at one time. I wasn't trying to be. But a woman I had sex with paid me for my time. It started cuz I missed w...