We went to see the documentary movie "Inside Job" on Saturday. Its that movie about the meltdown of the American financial system and who caused it and how it happened. It is a must see.
During the movie a couple of families got up and walked out after about 10 minutes. They probably had thought it was an action movie from the title and weren't interested in where the film was going. They are exactly the ones who should have stayed. The rest of the audience was pretty much caricatures of policy wonks and people who stay up on events.
This is why I think the middle class should not get off scott free from a tax increase. Too many of these middle class folks never pay attention to what is going on, nor do they read and more importantly vote. They let their Senators, Congressmen and Presidents deregulate the financial industry. They abetted setting loose the 'dogs of greed.' There should be a price for apathy. They really deserve to experience the pain of getting our financial affairs in order. At the same time we better be prepared to soak the rich to get back some of the windfalls they have had since the bush tax cuts went into effect. Also, if Obama caves on this I will consider looking for a new candidate in 2012 to support. Yeah, Really!
We might be on the brink of an apocalypse if, instead of poor people with suicide bombs killing middle class guys, middle-class people with suicide bombs started killing rich guys. Bruce Sterling