Our Economy Has Failed -- Until We Admit That, We're Screwed

[truedelphi]

14. A DU member known as

Autorank put together carefully detailed explanations of how our nation now has One Big Money Party. I imagine his journals still contain those posts to explore and contemplate.

In thirty years, both the Democrats and the Republicans have allowed for The Federal Reserve to be an Uber Power. We have these unrealistic "bubbles" supported by the Greenspan philosophy of low interest rates. Entire time period when we are told to buy into the "dot com" ventures, or to do whatever we can do to get in a new home before the prices are so ridiculously high, we can't afford it.

Neither party is willing to do the right thing. And both parties wage un-winnable, expensive and non-ending wars. While the Corporate controlled media tells us the problem is social security and the unwed mom on AFDC.

I have yet to see a story on the M$M, except for Dylan Rattigan, and also Jon Stewart, that even mentions
THE FOURTEEN TRILLIONS OF USA DOLLARS that Bernanke gave away to his buddies on Wall Street.

In other words, we are screwn.