Wednesday, October 08, 2008

Some Thoughts

My brother and I have been talking in spits and spats about the economic crisis in America. This was one of his responses, and I thought it was amazingly to the point.

It is true that fear paralyzes. And having fear means you don't get anything done. Make the population scared and you keep them in check and they give you blank checks. It is a shame that the bailout passed. Privatize profit, socialize loss. Bad recipe. They are already saying that the 700billion is like a "pebble in the ocean"

and it hasn't even been aw eek! the guy they put in charge of the bailout plan is 35 years old and a former investment banker. Lots of confidence there! What is it going to be like when we have a depression and still have circuit city, walmart, target and all that? The master slave relationship of hyper-capitalism will be even more apparent.

To those who pay attention of course.

Any thoughts?

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