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Wednesday, May 15, 2013

The Missing Money Show

By Big Bad Benny
The Missing money show

Like a thief in the night or a robber in the day our money show disappeared from the confines of the hard drive. The show featured some great music by a group I like called Supertramp. The album is called "Crime of the Century".
I played the title cut song because it seems so relevant today with all the banking crisis going on. When you listen to the lyrics of the song it sings about what appears to be banking executives, or at least I interpret the lyrics as such. The song asks the question as to who are the men behind the mask and who are these men of lust, greed and glory. The song was written well before the recent banking crisis our country just under went. In my opinion it seems so fitting today. As they talk about the crime of the century.

I think the way the banking industry has been previously deregulated contributed to this financial mess the country is hanging over from. Look at the way college education is funded for example. Tuition increases because budgets are cut. Students receive financial aide, which in most cases is just a long term loan that will feed interest to the banking industry for decades and the cycle repeats. I heard this song one day and I thought how unusually familiar that it relates to people today.

Another song we played was a classic well known song called the "Taxman", by the Beatles. It always amazes me how desrcript the lyrics are in Beatles songs. The lyrics seem to walk through a visualization through the melody and beat as well. One line in the song says "There is one for you and nineteen for me". I think what the artist intention of the song is to compare the disparity of tax rates at that point in time for lets say a wealthy musician versus a common citizen. Today the reverse seems true  as more and more wealthy people find loop holes to avoid paying there fair share of taxes. Today the working class seem to pay a greater portion of their income, as a percentage in taxes versus a large corporation. In some cases large corporations incorporate outside of California to save on taxes. Other corporations simply do not pay what they owe. According to a California website that tracks delinquent payers there is a company located here in the bay area that owes over 20 million dollars in taxes!
It seems that the crime of the century has been dumped on the working class to try and fix. College budgets are cut instead of cutting out the real problem of that is the crime of the century.

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