Covid-19 has taken away bread and circuses, laying bare the true American empire —

Covid-19 has taken away bread and circuses, laying bare the true American empire —

If America were a sane, healthy, and rational country this would be a great opportunity for change to occur…alas, it is not. America is an insane, unhealthy and irrational nation, and so any genuine change is inconceivable.

For example, this crisis has once again revealed the house of cards that is the smoke and mirrors American economy. The American economy has long been rigged through financialization, where stock buybacks and accounting shenanigans inflate the stock market but create nothing of substance for the masses except the illusion of prosperity. Here in America the economy long ago stopped working for regular folks, as evidenced by the fact that despite productivity soaring, for the last forty years wages have remained stagnant, while the cost of living has escalated.

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The American Way has devolved into a bizarre reverse-Robin Hood world, where the rich steal from the poor and keep it for themselves. Proof of this is that this Covid-19 crisis will undoubtedly be used, just as the 2008 collapse, as a way for the malicious narcissists in Washington, Wall Street and in corporate boardrooms to come together to assure that all their losses are socialized and their profits privatized. Casinos, cruise lines, airlines, hotels and others are already lining up — including of course the scoundrels on Wall Street — for their taxpayer-funded handout.

Bailing out working- and middle-class Americans, though, is an absolute non-starter for the ruling elite. The upper crust will throw around vacuous catch phrases, like the deliciously ironic “moral hazard,” to make their argument, which is pretty rich considering the vermin on Wall Street and their cronies on Capitol Hill are so morally bereft, it is a hazard to all humanity.

via Covid-19 has taken away bread and circuses, laying bare the true American empire — RT Op-ed