Tuesday 25 June 2013

The American Dream On





Almost 40 years ago, the American legendary rock band Aerosmith had released their debut album, Aerosmith. The song Dream On became their first major hit and classic rock radio staple. That song had a prophetic sad imagery to it, too. The dreamy state that most Americans had remained in for the following several decades was severely disturbed by a series of treacherous terrorist attacks in New York City and Washington, D.C. on September 11, 2001 and ended up in depression economics and the crisis of 2008.

The Americans had allowed a bunch of their greedy bankers, unscrupulous politicians, and treacherous military leaders to lead their nation from one major military and economic disaster to another. Eventually, skyscrapers and banking institutions tumbled, industries and jobs migrated abroad, and democratic freedoms and principles were sacrificed in the name of military security while more and more American citizens were murdered, bombed, and tortured, sometimes under open or covert agreement and control of the executive branch of the government, which was getting big and bigger still.

Now, that the immediate effects of the Wall Street-triggered 2008 Financial Crisis seem to be over and the US economy is gradually recovering, the old systemic ailments of the world’s only superpower seem to begin to reemerge, as well. The world is watching with admiration and disbelief how the very same vices, immoral and degrading economic and political practices that had led their great nation into doldrums are being welcomed by the Americans as a portent of returning “good old times”.

The criminal bankers and military generals are struggling for power turning the whole nation into one big militarized camp run by increasingly digitized military and banking networks. The same people use the same immoral practices to run the country into the ground. That the effects of such policies is going to be devastating is very obvious. The rumors and tacit predictions of another round of Global Financial Crisis of even greater proportions and more severe consequences are all around us already.

Therefore, it should not come as a big surprise to American citizens when the same economic and financial policies lead to the repetition of the 2008 economic depression and even greater crisis in the US and the world over. There are harbingers already of the run up to the next big national disaster and military takeover of America. The US financial institutions, conscious of their immunity, do not dread to share their incriminating communication dispatches pertaining to the crisis of five years ago, their unscrupulous managers currently openly brag about their nefarious practices again.

Meanwhile, America is getting increasingly incorporated, the same above-mentioned financial institutions buy into more and more local businesses and enterprises run nationwide. Most of the jobs expected to return this year are going to be provided by consolidating corporations. The “good old days” are back, it seems. Back are the banking unregulated activities, the insolent arrogance of greedy financiers, the increasingly corrupted unhealthy economic and financial environment, and even Twinkies... The Twinkies, that obesity- and diabetes-causing pastry is returning to shelves next month under the new ownership of (surprise!) private equity firms Apollo Global Management and C. Dean Metropoulous & Co., which picked up several Hostess names this spring for $410 million. Hostess Brands won court approval to start shutting its doors and laying off its 18,500 employee after butting heads with striking union workers last November.

Apollo Global Management, LLC is an American private equity firm, founded in 1990 by former Drexel Burnham Lambert banker Leon Black. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations and industry consolidations. Apollo is headquartered in New York City, and also has offices in Purchase, New York, Los Angeles, Houston, London, Frankfurt, Luxembourg, Singapore, Hong Kong and Mumbai. The firm has invested over $16 billion in companies.

C. Dean Metropoulos & Co. is a principal investment firm. The firm seeks to invest in the consumer branded products industries. C. Dean Metropoulos & Co. was founded in 1993 and is based in Greenwich, Connecticut. C. Dean Metropoulos’ net worth is $1.2 billion dollars which makes him one of the richest people in Connecticut. Born in Greece, C. Dean Metropoulos grew up in Watertown, Massachusetts. He earned both his Bachelor's degree and his Masters from Babson College. At age 25, he went to Geneva, Switzerland, to become a financial director for GTE International's (now Verizon) European, Middle Eastern and African operations; he returned to the U.S. as the company's youngest controller.

Again, it is the financial institutions and their men who are going to run America. Now, it is going to be an ever tighter grip on all things dear by their dirty unscrupulous hands. See which "toxic assets" you are going to find in the new Twinkies, now!

Who said that there would be no more "Dung Rings"?

You cannot trust those bankers, who had robbed you of your house and your whole life! You wouldn’t trust them to make you a cup of tea, let alone a North American snack cake that is owned by criminally-minded unorganized private equity firms.



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