I am sure you have heard the phrase “the rich get richer, and the poor get poorer.” The recent bailouts are a great example of a major shift of taxpayers money being handed over to greedy companies and bastards like the Merrill Lynch CEO. The billions of dollars being given to banks, insurance companies and the like, is shocking. Especially in a country where there are large portions of the population in poverty, starving, homeless, etc…
Is this the decline of the US empire? I think they are losing the last vestige of respect they were clinging to. IMO, what is happening right now is theft. The poor are bailing out the extremely wealthy. How nice…
[From Merrill Lynch: Merrill Lynch CEO Spent $1,220,000 On Office Renovation As Company Prepared To Burn]
Though I don’t think Obama is a saviour(you probably guessed that already…), at least he is speaking out against the crazy bonuses the US banks have been giving out to their executives. Here is an article from Aljazeera about Obama’s comments.
[From Al Jazeera English – Americas – Obama blasts ‘shameful’ bonuses]
Another evil part of corporations in general, is the ownership of the human genome. Here is a horrible story about sick babies denied treatment due to DNA ownership rights. How fucking evil is that?
BABIES with a severe form of epilepsy risk having their diagnosis delayed and their treatment compromised because of a company’s patent on a key gene. It is the first evidence that private intellectual property rights over human DNA are adversely affecting medical care. Sick babies denied treatment in DNA row – National – smh.com.au]