Adonis Diaries

Posts Tagged ‘too big to jail

Noam Chomsky on “Occupy Wall Street protests”
 
I reviewed and published a dozen articles on Noam Chomsky’s books and social, educational, and political positions.  This should be no surprise to my reader to disseminate Noam Chomsky latest political stand: On “Occupy Wall Street protests”. Danny Garza, who has been on the ground of the Occupy Wall Street movement since Day One, received this email from Chomsky.

Chomsky mailed: “Anyone with eyes open, knows that the gangsterism of Wall Street — financial institutions generally — has caused severe damage to the people of the United States (and the world). And should also know that it has been doing so increasingly for over 30 years, as their power in the economy has radically increased, and with it their political power.

(These behaviors ) have set in motion a vicious cycle that has concentrated immense wealth, and with it political power, in a tiny sector of the population, a fraction of 1%, while the rest of the (citizens ) have increasingly become what is sometimes called “a precariat” — seeking to survive in a precarious existence (a term mostly used in Spain and Portugal mass demonstrators). They also carry out these ugly activities with almost complete impunity — not only too big to fail, but also “too big to jail”

The courageous and honorable protests underway in Wall Street should serve to bring this calamity to public attention, and to lead to dedicated efforts to overcome it and set the society on a more healthy course.”

Warren Buffet published letter to The New York Times a month ago might have strengthen the convictions of many US citizens on the state of affairs and got catalyzed to starting somewhere  https://adonis49.wordpress.com/2011/09/19/warren-e-buffett-tax-us-hard-stop-coddling-with-the-ultra-rich/

Note 2: Chomsky is quoted saying in wikiquote.com:  “the best way to restrict democracy is to move the decision-making from the public to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations. The U.S. political system as a very marginal affair, made up of two political parties, but essentially of same ideology “the Business Party”, a group of intellectuals who consist of a herd of independent thinkers.

He resumed: “Unfortunately, you can’t vote the rascals out, because you never voted them in, in the first place.” (Government in the Future, Poetry Center of New York, February 16, 1970)

In June of 2011, Chomsky was awarded the Sydney Peace Prize in honor of promoting human rights, unfailing courage, and critical analysis of power as an American linguist. This is the only International Peace Prize awarded in Australia, promoting peace with justice.

Chomsky was also awarded the IEEE Intelligent System’s Al’s Hall of Fame for his significant contributions to the field of Artificial Intelligence Al and intelligent systems.

Read more: http://www.digitaljournal.com/article/311959#ixzz1ZobwgJUG


adonis49

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