Deliberate Ignorance

Keywords: capitalism, congress, failure, president, economy, bailout, catastrophe, credit

Capitalist civilization teeters on collapse and our representatives are pointing fingers. Even before the vote yesterday Pelosi took center stage and used the occasion to point out perceived failures of the current administration. I'm ill from it. Congress really is the opposite of progress.

I hear that representatives are getting an earful from their constituents that some very rich people need to go broke, or end up in jail. I'm all about that. I would love to hold a parade of fat cats down main street on their way to club fed. It will not happen. Who do you think run this country, regular people?

Congress is out today and tomorrow for Rosh Hashanah, a Jewish holiday. Yippee. I frigging hate these rich out of touch self centered humans.  Did I mention I'm ill from it? The world will not end this afternoon. The economy is going to "gasp for air" today and tomorrow. The holiday break will be blamed for the beginning of the end of the world as we know it. The Jews will get blamed again. Shame.

I don't have today and tomorrow off. Congress should declare an emergency session and do something about this catastrophe in mid bloom. You know,  before it is too late. Before it gets so bad that the MSM runs out of scary words to describe it.

it wasn't really party lines that killed the vote either. One commenter said it was conservative Republicans and liberal Democrats who bolted. Each had their reasons. Something about the Republicans wanting value for the taxpayer's money and perhaps something about punishment for fat-cats, and Democrats wanting a plan for 'victims' who are loosing their houses. Those both sound good to me.

The podcasts I had today had interviews with McCain and Obama over the weekend before the failed vote. They were both all about their campaigns. I don't know why time was wasted on them on this subject. I would shout to fire both of the, but they haven't been hired yet. Tells me we are in even deeper trouble than we think. My God! the next president will be a politician.

Some say this trouble doesn't affect them because they have a fixed mortgage rate and their retirement is already in the tank. It will affect their job, or the lack there of because people cannot start businesses on credit or cover bad times with credit. It will affect every time you try to buy things because it will limit choice because manufacturers and distributors cannot barrow money to make and move product. It will affect all this and  more because we have not been a cash economy for many decades. The trouble is, every one has been buying on credit and paying it back. Now they are going to have to go toward saving up first, then paying. Not for everything, but more than they did. The transition of that first saving period is going to bring the economy to it's knees. We have already lived the other side. Every one spent their savings on stuff, then borrowed to get more stuff. Now the piper comes a-calling.