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Echo Nomics

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Let me get this straight. The banks, brokerage houses and government needs 700 trillion dollars or else.

The money and stocks and funds I saved are worth half as much.

The government is telling us that there should be less of it because it is intrinsically inept.

The banks won't lend money to other banks because they don't trust each other.

Seventy thousand Americans were thrown out of their houses onto the street. Although their loans were packaged and sold to so many entities they are untraceable--if you don't make your payment you will be deported from your dwelling by whoever. This will be adjudicated by the sheriff's office and police (who are paid with your taxes to serve and protect).

Nobody can figure out how or who benefited from these unknown financial entities which caused the disappearance of all this wealth. We cannot afford forensic accountants to look into the matter because they would be working for the government, which is intrinsically inept.

It is more than likely that 25 million of us will be out of work.

The same institutions which don't trust each other are to be "given" billions of dollars to lubricate their ability to extend credit.

There will be no "strings" attached to this money because regulating these folks would force us to create more government, which is intrinsically inept.

The disappearance of all this wealth is so complex to investigate that no public or private corporations have any responsibility for the situation. No one will be charged.

Round up the usual suspects.

The American people will be held collectively responsiblefor all the mismanagement and theft.

The wars will continue until further notice.

There will be a freeze on funding for all entitlement spending.

The government is going to deregulate all the agencies which oversee corporate entities to save money.

We will probably have to give corporations tax breaks to facilitate

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Masters degree in social work. Activist 40 years worth. Favorite quote, "we had to destroy the city to save it" hobbies taxidermy,music,saving souls and respirating

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You got that right! by Margaret Bassett on Monday, Oct 27, 2008 at 10:45:25 AM

 

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