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Washington's willingness to handout, not bailout $700 billion to incompetent criminal financial wizards and their rejection of $25 billion for a poorly run but awakening auto industry which employs blue collar union Americans says all you need to know about who calls the shots and who is valued and who is not in America, land of United We Stand, or Country First for you McCainites. Our political"leaders" are either brain dead or totally contemptuous of an American public still fixated on the trivial and inconsequential; if these inustries fail, who will pay for their retired workers benefits, who will care for them, and how will we make up the taxes they would have paid if their workers no longer have a job? It must be noted that politicians from the south, land of patriots, seem all too willing to let American companies fail in order to pave the way for the foreign auto companies with plants in their states to totally take over this country, coincidentally helping to further destroy unions in this country. Meanwhile, with all this economic disater mounting by the day, any thought of reducing our bloated military budget and endless wars is totally verbotten by the politcal establishment. The fall of the USSR has allowed our country to think we had no limits to our power, that "deficits are only numbers" to idiots like Dick Cheney, that as the world's only super power, we could make our own reality and that consequences were for lesser nations. Pride cometh before the fall. Where are you now, John Mark Coney and others who have consistently derided PCR's prescient commentaries?
Please world, stop loaning us money so we will be forced to rein in our unrestrained miltary budget and begin taxing the ultra rich who have done so much to harm this country and who have benefitted far beyond any rational measure these last several decades.
Comment: #1
Posted by: michael nola
Wed Nov 19, 2008 4:50 PM
Don't forget to mention the two "stimulus" packages signed into law by the Bush admin. Could you imagine the Republican's response to those and the $700B TARP, etc. being proposed by a Democrat? George Bush has given cover to so called conservatives to mortgage our children's future with unmanageable debt burdens. Not to mention no progress on eliminating the AMT, leaving the corporate, estate and capital gains burdens at uncompetitive and confiscatory levels, and negotioating a weak (temporary) position on individual marginal tax rates and you have a disaster of uncalcuable dimensions. I believe these government ineptitudes to be the first salvos in the second amercian revolution, assuming it's worth saving at this point. Personally, I believe we should sell CA or NY to the highest bidder to satisfy our $10T debt and split the country up into more manageable and less centrally regulated entities. Look for our coming article entitled "Impeach Congress" appearing in the WSJ. We are the victims of the greatest swindle in the history of mankind by 535 incompetent and corrupt members of a feifdom that have hijacked our country for their own personal gain. Please contact me directly with any personal thoughts at bryan72562@aol.com. I run an organization called the Capital Formation Group, which is a supply-side oriented think tank located in Southern CA. Viva la Revolucion!
Comment: #2
Posted by: bryan buck
Wed Nov 19, 2008 9:51 PM
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