Juvenal’s Vote
Our people still lack education. In the 1980′s America sold itself as the place to be where you could pay for an education and climb to the top of the social order. But that just ended up being another failed American Dream, that it once attempted to project into reality.
In the 90′s, before the housing crisis, a.k.a., Subprime mortgage crisis, students began taking on massive debt for a chance to rise up the percentiles of society. The 1% was only a degree away.
The banks dished out this cash so fast, there weren’t enough students for all the loan-sharking they were willing to do.
And then the internet went bust for a while and professions at that top flip-flopped, and the universities and the banks got a new generation of schmucks willing to borrow cash at even higher rates for much lower returns.
Meanwhile, some sociopath on Wall Street who was supposed to be overseeing the financial markets robbed everyone blindly because those guys also failed to conduct any real due diligence.
As a result, the banks and financial institutions around America failed because no one was watching the guy appointed to watch everyone else. What did we do? We bailed shady bankers out of their responsibility to conduct due diligence at every level, for the safety and security of everyone else’s life savings. Slimy bankers that had just dished out piles of cash (again) for fast-food employees and undocumented immigrants to purchase part of the “American Dream,” knowing that these undereducated innocents would eventually default on those mortgages down the line, and much after they sold them off.
These were Ponzi Schemes conducted by the banks, themselves.
But America is fantastic at breads and circuses.
In a political context, the phrase means to generate public approval, not by excellence in public service or public policy, but by diversion, distraction or by satisfying the most immediate or base requirements of a populace[1] — by offering a palliative: for example food (bread) or entertainment (circuses).
It isn’t purposely done. It is the aftermath of a naively immature nation. One that is still figuring out all of its kinks and quirks, working to rapidly repair them to avoid further destruction of its citizens and their livelihoods.
Could we do it a little faster by eliminating most of the politics from the agendas that work best for the masses? ABSOLUTELY.
Will we? ......... to be continued.
—CYRUS PAVEL