Those Cons on welfare, I am sure, truly need it. We are not against those who really need help to be given it.
If everyone in America had read Stephen Moore's new book, "Who's
The Fairest of Them All?", Barack Obama would have lost the election in a
landslide.
The point here is not to say, "Where was Stephen Moore when we needed him?" A more apt question might be, "Where was the whole economics profession when we needed them?" Where were the media? For that matter, where were the Republicans?
Since "Who's The Fairest of Them All?" was published in October, there was little chance that it would affect this year's election. But this little gem of a book exposes,...
Sorry, folks, but the Asia meeting is probably about the last straw. The only question is how bad the collapse will really be
I figure that before we are done my 401K will be seized because it won't be "fair" for me to have it and someone else not. I also figure that my Social Security benefits will be nulled out because it won't be "fair" for me to receive more than the next guy (even though I put a lot more in the system than he did). And after all that's done, it won't begin to fill the hole into which we have dug ourselves.
Folks can scream "fairness" all they want. Meanwhile, the other economies on the planet are going to figure out, by watching us and Western Europe, that the "fairness" racket is just that...a racket.
When the collapse comes (and it's arrival is virtually assured now, because the Americans simply don't care about debt enough to do anything about it), I honestly don't know what the future will be after that. The economic meeting in Asia (where the US was told to take a hike by the economies there) --more to follow--