Tuesday, September 22, 2009

Things Seem to be Muddling Through

I'd write about something if there was something to write about. The U.S. seems to be hobbling along as the American people try to survive the economic downturn. Our leaders don't seem to be leading much. Witness the lack of reform in financial regulation, the lack of consensus, and possibly political will, to reform American healthcare. The people sense that something is grossly out of alignment with society, that fairness has been thrown out the window. Meanwhile, the government gives money to corporations and banks, and hopes that it will trickle down to the taxpayer. Tickle-down economics is dead as a practical economic theory, but people still cling to its comforting illusion. It seems that our government has been completely captured by business interests. Both the government and corporations will be looted of their assets. Those in power will reap the rewards, then move on. Jobs will be sent overseas never to return, and the Middle Class will decline as will the nation; unless, the People wake up and cause the government to shake off its parasites. If Australian economist Steve Keen is correct, than U. S. government economic policy is critically flawed. Not that people can't see the obvious, that the Fed is creating a new bubble to offset this last bubble.



I'm not sure why people aren't giving Max Keiser more credit for the Keen interview. Mr. Keiser is a bit over the top and outspoken, but perhaps one has to be that way to get people out of their complacency. Check out www.maxkeiser.com. It's at least entertaining while also being informative. Most mainstream American media isn't really informative any more. It's mostly just entertainment disguised as information.

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