"We took on a level of debt that no working class in any country at any time in the history of this planet ever did before," Wolff said. "The fundamental issue is that we've run out of ways to keep this going. The wages are not going up and the credit is now tapped out." |
Read the rest of the story HERE:
At www.consortiumnews.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.