Saturday, July 23, 2011

We Have Criminals in Both Parties Backed By Criminals

who are deliberately killing the United States in order to enrich themselves.

It's coming very close to bloodshed, I am afraid.

Roberts hits it on the head, as usual:

This is economic destruction. It always occurs when an oligarchy seizes control of a government. The short-run profits of the powerful are maximized at the expense of the viability of the economy.

The US economy is driven by consumer demand, but with 22.3 per cent unemployment, stagnant and declining wages and salaries, and consumer debt burdens so high that consumers cannot borrow to spend, there is nothing to drive the economy.

Washington’s response to this dilemma is to increase the austerity! Cutting back Medicare, Medicaid, and Social Security, forcing down wages by destroying unions and offshoring jobs (which results in a labor surplus and lower wages), and driving up the prices of food and energy by depreciating the dollar further erodes consumer purchasing power. The Federal Reserve can print money to rescue the crooked financial institutions, but it cannot rescue the American consumer.

We know what needs to be done to save the economy and the country, but our politicians won't do a goddamned thing because they are either bought by crooks or they are crooks themselves.

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