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Pension reform, and raising the retirement age are still boiling issues among the French. We all know the story by now...
We are facing the same thing here in the private sector. The economic collapse has decimated IRA's, 401K's, pensions, housing values... and anything else that used to be cornerstone for the working guy's (or his wife's) retirement plans.
Our retirement ages are all rising, while those who work for the government remain protected at the expense of the rest.
Another element that rubs me raw: those responsible, the congressmen, senators, regulators aren't going to lose a thing, while the Wall Street chieftains, who've profited mightily, stay in their cocoon of government protected privilege, not missing any meals or mortgage payments.
And what is the American response? Lots of grumbling among ourselves, a Tea Party thing or another... but nothing is going to change for us. We, the people, have been duped. Used. Beat down.
Emotional resignation seems to be the national response. There needs to be more anger, but he political class has done a fairly good job at pointing fingers at 'the other guy', and enough people are buying it.
Yeah, it looks like the GOP, and those who tend toward it, are cleaning up a bit, tossing out
some of their chaff. Besides the shortening of some political careers, I don't see any else becoming of it. Those tossed will just be back as lobbyists, anyway. And those who replace them will follow the same old game after a cycle or two.
So, really, nothing's gonna change, and I think only a fool would dare to believe otherwise...
We can take a lesson from the French. Sure, these present day French might be a little mild compared to their kin of two centuries ago, but at least they are showing some public anger.
Unlike us, who just take it. Hoping the economy will rebound, making my pension worth the $55/year that I'd negotiated (in a free market manner), instead of the $36/yr I've now been informed that I can expect.
That's a big hit. And
somebody is responsible for what amounts to theft on a mass scale.
But it's an insider's game. The rest of us were never meant to score big through our honest labors and patient planning. Nope. We are just the slaves on the plantation, receiving what the 'others' haven't already taken for themselves.
In a proper, free market system, the failed boys of AIG, et al, would be living in trailers and holding cardboard signs at on-ramps. But they aren't.
Nobody whose charged with administering the government should be above the law. Nor above the laws of economics and fair play.
The people responsible for this will not be paying. They will continue to live very well, being sheltered from the negative results of their actions.
Maybe it's time we revive an older French practice. Storm the government buildings. Drag those motherfuckers, screaming, into the streets. Shove their crooked asses into the guillotines and be done with them.
A silly minded Tea Party won't solve anything.