Doug's Darkworld

War, Science, and Philosophy in a Fractured World.

“Our leaders have squandered the nation’s wealth”

with 8 comments


The economy is in the news today. In fact it’s in the news a lot these days, seeing as it appears to be taking a nose dive. One would think that Iraq would be a concern too, but the surge worked exactly as intended…it’s completely driven Iraq from the news. Iraq is still a bloody expensive disaster that is never going to be fixed as long as US boots are on the ground, but Americans got bored of hearing that. Anywise, the economy. It’s bad. It’s really bad. It’s really really bad. Americans are just starting to wake up to what a disaster the past few decades have been. Time to stock up the larder and plant a vegetable garden folks.

On the plus side, it’s gotten so bad that more and more mainstream voices are starting to speak up. Lou Dobb’s most recent column is highly recommended. He points out a number of things that should be obvious. The first is that the check Bush is planning to send to every American so they can spend and stimulate the economy will not stimulate the economy. Why not? Because most of it will be spent on foreign imports. So this will further increase our trade deficit and stimulate China’s economy…but do nothing to fix the systemic problems that have grown in the US economy over the past few decades.

This is not a Republican disaster nor a Democrat disaster, this is a bi-partisan disaster brought on by greed and corruption in high levels. And I’m not talking about corporate greed either. When one puts the fox in charge of the hen house, one can’t blame the fox when the predictable happens. And letting corporations write the law of the land and their own regulations was very much putting the fox in charge of the hen house. This was bad when Bush/Reagan decided to invent a new meaning to deficit spending and let corporations start regulating themselves, and it’s gone downhill since. And Congress has gone right along with it, since one can’t get elected without corporate donors, guess what. Congress stopped governing the country and devoted their time to writing the laws corporations wanted and getting as much pork for their home districts as they could.

And it’s gotten far worse in the last seven years. Bush and Congress aren’t even trying anymore, they are simply looting the country for the benefit of their rich friends. Since people would notice if they sold off the Washington Monument and other public assets (I hope,) they’ve done the next best thing, borrowed as much money as they possibly could against the USA’s credit and used it to buy stuff from their rich friends, mostly in the armament and oil industries. It’s beyond mind-numbing, we are spending ever increasing amounts of money on incredibly expensive useless weapons systems. Do people not understand that in Hollywood movies fancy weapons win wars, in real life wars are won with brains and determination? For more detail on this looting in the last seven years, I recommend this article.

And for an overview of just how corrupt and out of control Congress, the media, and everyone else in the halls of power is these days, check out the book “Smells Like Dead Elephants.” It’s deeply disturbing, democracy is basically a corrupt farce in the USA. I don’t know how else to say it. It would be unbelievable, but modern advertising and propaganda techniques have wildly magnified the power of the media to shield people from just how out of control the government is and just how catastrophic our overseas adventures really are. And the book skewers the hell out of the Bush-haters too, for the most part they are as ignorant and complicit in this whole mess as anyone else.

I’ve tried to be diplomatic to and about Bush supporters, but I’m not sure how much longer I can keep this up. Even the people defending him are getting pretty desperate. Read a guy today claiming that if Bush merely repeated a lie hundreds of times, why that doesn’t really make him a liar! Well, if you don’t own up to it and try to make amends, yeah, you’re a liar. And frankly my friends with brains who were ardent Bush supporters have all now at least conceded that mistakes may have been made. The fanatic core of Bush supporters who will never admit that Bush’s policies are in error I no longer care about offending. I pity them really, they are suckers who have been cynically manipulated and used by a Congress and an Administration who care nothing about God or America.

God help us all.

(The above image from the Great Depression of 1929-1939 is claimed as Fair Use under US copyright law. It is not being used for profit and is central to illustrating the post. I was unable to determine the copyright holder, and strongly suspect it’s public domain in any event. I sure hope things don’t get that bad again, but “It can’t happen again” is always wishful thinking.)

Written by unitedcats

January 23, 2008 at 12:30 pm

Posted in Business, History, Politics

8 Responses

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  1. “Our leaders have squandered the nation’s wealth”
    Leadres? What leaders? There hasen’t been a leader in our nation for the past 40 yrs. All we have had, and continue to have, is a bunch of politicians. these boys and girls have been bought and paid for a long time ago.


    January 23, 2008 at 3:33 pm

  2. Dr. Ron Paul has the cure for our past mistakes.


    January 23, 2008 at 6:16 pm

  3. We are in real trouble and I think it’s worse than most imagine. The real voice that’s not being heard is the non-partisan Comptroller General of the US. He’s trying to sound the bell on a huge federal fiscal crisis heading our way shortly. See my post for a summary and a link to talk he gave on it.


    January 23, 2008 at 10:17 pm

  4. Many of these poor people shop for low prices at Wal-Mart, and Made-in-China is kind of their thing, I understand.


    January 24, 2008 at 9:09 am

  5. e.g., peaches.


    January 24, 2008 at 3:59 pm

  6. The public is only allowed to see or hear the ‘news’ that is bought and paid for.

    If there is a free moment for real news, it gets plugged with Britney Spears rubbish.

    Oh how overloaded the American mind is! Nascar, the StupidBowl (please excuse, its the ‘superbowl)..

    Critical thinking is simply NOT allowed. There is no more room for it in the corporate media.

    Propoganda by ‘omission’ is at an all time high… who is that Ron P— person anyway?

    Shows over folks, get back to the mall will ya! Heres $800 bucks to go entertain yourselves … uh, I mean save the economy!

    The gig is UP ! Use your common sense and open your own eyes. Dont believe the BS in the paid for news.


    January 26, 2008 at 11:37 am

  7. Sorry to be profane, but half of television ads are promoting, “take a pill and fuck.”


    January 26, 2008 at 9:39 pm

  8. We have not learned from our mistakes from the past… we are in the same trouble now like we were in the past


    October 22, 2008 at 8:48 am

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