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Sunday, March 01, 2009

The Wrong Battle




THE BANKS SUCKING AT THE PUBLIC BREASTS











It will be tough to tell my friend Dave that the the battle he is fighting under the banner of Rush Limbaugh is no longer relevant. He still thinks the battle is between Obama, his brand spanking new cabinet, creeping socialism and the Republican right.

It is too late for that.

Our economic woes go beyond party lines and who is in power. Lack of oversight on the part of the government and the banks have led us into a hot fetid swamp. It will be some time before we emerge.

Someone (us) kicked the teeth out of the face of our solvency and we have pitched forward into the thick mud of despair. The media is having a field day. It's a feeding frenzy.

Regardless, the battle has moved on. The government has to inject funds into the economy because it is the last of the big spenders even if the money is simply paper and the paper is back by us taxpayers.

And yet for all of this we will work our way out. It is our nature to do so.

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