Fear Fuels Foolishness
Americans are easy to scare. In just the last couple of decades think about how TPTB used situations to take advantage of citizens. First 9/11 creates the opportunity to eliminate privacy with the Patriot Act and begin a Forever War OF Terror. Then the crash of '08, the US bailed out banks and foreclosed on homeowners, and used the emergency to provide cover for the murder by drone program as well as many more coups and regime change wars (thanks Obomber). And now COVID provides for the completion of corporate capture. We are buying corporate debt AND stocks of the very businesses which bought so much of their own stock that they are underwater. To top it off the US gets no say in the management of the very companies we are buying. , and most folks are happy they will receive a pittance of $1200 because most of them don't even have an extra $500 to handle emergencies. But...but...COVID is going to kill us! So we provide for the wholesale purchase of corporate America by the government? What a con.