Black Thursday
“The re-election of George W. Bush, in spite of his innumerable failures of policy and practice throughout his first term, inspires disbelief among many. How is it that a man who has overseen the deaths of over 100,000 people in the course of a war fought on specious grounds at a cost of hundreds of billions of dollars and in violation of international laws manages to retain his office? How is it that a man who seemingly dedicates himself to the eradication of virtually all socially-beneficial government programs from public education to social security retains the confidence of a large portion of the population? And how is it that the national press can continually ignore the abundant evidence of incompetence and malfeasance, maintaining a posture of ostensibly impartial reportage even as they recount a once-unimaginable litany of absurdities, deceits, and insanities ranging from the scuttling of social programs to state-sanctioned torture in military prisons?
And, how is it that the wishes of the majority of Americans for such things as a decent living wage, a sane healthcare system, a modicum of environmental protection, a few reasonable limits on corporate power, an equitable taxation system, and laws which respect rather than mock constitutional rights are so cavalierly disregarded?”
My answer? Stupidity and cowardice! But their site collects the various boycotts, some of which I already blogged.
I like the recollection of Black Thursday…
In case you missed the history lesson that day, Black Thursday is not some sort of racial calendar nickname. In the USA, it refers to the Wall Street Crash of October 24, 1929 – the day when the New York Stock Exchange crashed – leading eventually to the Great Depression. The crash followed a boom which had taken hold in the late 1920s (sort of like the 1990’s), in which millions of Americans invested in the stock market. Banks failed. Millions lost their savings. Massive unemployment ensued. All this as well as the somewhat hysterical political overreactions to it contributed to the Depression.
Watch that dollar fall, baby – and do what you can to protest the fall of our great nation.
One thought on “Black Thursday”
Amen!