By: jojo

jojo — Thu, 27 May 2010 05:47:04 +0000

America is so screwed. we will be luck to look have economy like senegal does now, in the future.

By: Alan

Alan — Wed, 03 Feb 2010 18:32:43 +0000

We’re not really going to fix the US economy until we realize that the misguided shift away from manufacturing useful things to the profligate squandering of saved wealth via the “financial services” sector has evicerated our REAL economy and created a protected, privileged class of financial gamblers who are rapidly bleeding us to death with their enormous losses. Meanwhile, we now need to import many of our most utilized basic consumer products that we previously manufactured domestically, resulting in a perpetual trade deficit – thus turning China into our nation’s banker. This is the fast track to economic self-destruction, which is becoming irreversible because the forces of Globalism once unleashed have become irresistable. Massive AIG bonuses to people whose reckless risktaking has evaporated trillions of dollars of hard-earned wealth by generations of people who did real work to earn it is just another symptom of the wrong track that we are on. The fact that we, The American People, cannot do anything about it is a further indication that Globalism is working against the interests of the masses of ordinary working people and, instead, feeding a class of whitecollar leeches who have amassed enormous political power at the highest levels. Even a populist president cannot save us from our moneyed special interests and their armies of lobbyists armed with truckloads of cash. Thanks Supreme Court for oiling the mechanism of our country’s self-destruction – I’m sure more special interest money will really help Washington to solve our growing problems. And thanks AIG for providing us with the clearest view yet of what we have become as a people…

Comments on: $100 Million AIG Bonuses Still Stink

By: jojo

By: Alan