Education
In reply to the discussion: Teacher’s resignation letter: ‘My profession … no longer exists’ [View all]AdHocSolver
(2,561 posts)The economic policies of Wall Street and the big banks are designed to depress the world's economies so that they can siphon all of the assets of the middle class in order to create a modern feudal system of royalty and serfs.
This requires eliminating family supporting jobs and the social safety nets such as Medicare and Social Security.
They initiated the same policies in the 1920's and 1930's, but President Franklin Roosevelt proposed a "New Deal" (which included Social Security and government sponsored work programs).
Backed by an aroused public (who understood how they were getting screwed), Roosevelt pushed through legislation such as the Glass-Steagall Act.
Workers joined the growing union movement and fought back against Wall Street.
Wall Street and the banks are playing the same scenario today that they did 70 to 80 years ago. However, they have made some preliminary changes to the script.
First, they have gutted the unions before starting the thievery.
Second, they are dismantling public education to dumb down the people. Then, when the mass of the people becomes unemployed because Wall Street has shipped all the jobs to low wage countries, the power elite can blame the people for not being properly educated to handle those jobs.
In other words, public education is being destroyed so that the one percent can blame the victims for their joblessness.
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