I grabbed this graphic from Lenin's Tomb, a UK socialist blog that is excellent reading. I'm uncomfortable with this so-called bailout. George Bush yells "fire!" and suddenly it's the Democrats who come to his rescue? Something is fishy. I'm glad that Obama is openly saying that trickle-down economics is crap; that former President Clinton says that this is the culmination of a road to ruin laid down by Reagan. But will patching a failing system do anything at all? The stock market is swinging in wild multi-hundred point swings up and down. This can't be good.
The next president will basically be inheriting a shitpile. If you ask me that's as the republicans intend it, to guarantee them a return four years later. On the other hand, I need my job and my ira.
No comments:
Post a Comment