Thursday, March 12, 2009

Patriotism, Profits, PONZI

The three P's of modern American experience are coming home to roost. Today Madoff goes to prison described as the size of a "walking Closet", I wonder what dimensions the writer was thinking about. I bet Madoff's walking closet in his New York apartment is not what most common folks think about when they hear walking closet. Sorry, I wonder what percent of American homes have @#$% walking closets anyway.

You see this why I think we have not come to terms with what is really happening with the American dream. The financial criminals much like the energy and Internet criminals before them are being rewarded for trashing "Good Will" and open and honest business practices. For over 30 years we are told that small government is what we need and getting government out of the pockets of business will produce results for all Americans. Well, you neocons and oldcons have a ball now, the trickle down economy and lase affair capitalism that you preached with Patriotism have gotten us to this place. The same criminals that profited from the unmitigated deregulation are in the White House making policy decisions to boot.

They will not change the course because they are the product of the misguided notion that the system as we know it can be fixed without changing the fundamentals. The same dude that made $17M in two years making investment deals few years ago now oversees the government agency that supposed to get us out of this mess. They will put TARP over our eyes and Stimulate us much like when Bush send $600 to everyone and then asked we buy stuff to help the economy get gong again, by the way that didn't work if anyone cares to remember.

The PONZI misters of the American dream are still hard at work with our social security and healthcare security on verge of disappearance ----- God Bless US all ---

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