TODAY'S QUOTE

"So here’s the situation. We’ve been through the second-worst financial crisis in the history of the world, and we’ve barely begun to recover: 29 million Americans either can’t find jobs or can’t find full-time work. Yet all momentum for serious banking reform has been lost. The question now seems to be whether we’ll get a watered-down bill or no bill at all. And I hate to say this, but the second option is starting to look preferable."--PAUL KRUGMAN

Read the rest here.

WB7--This is a very sad state of affairs. The banksters would have everyone believe that nothing is wrong. "True the government saved us from our own folly, but we have repaid our debt to society." The system works, nothing needs to be changed.

Right?

Wrong...forget about shadow bailouts and FDIC/Fed life support systems, what of the social cost of their  folly. How about all the unemployed and the foreclosed? How about the schools that are forced to cut back? How about those who have no access to basic medical services.  How about all the debt being shoveled to the next generation?

Everything is not ok and the people responsible for doing something about it are either incompetant,  on the payroll or both.

It is time for a political reset. That reset has nothing to do with Republicans or Democrats or Tea Party nitwits. The reset is a clean house. Get rid of as many incumbents as possible and make sure they are replaced with people who are not on the payroll and understand that there is more to America than transfering wealth to the corporate state.