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	<title>Comments on: A Bright Shining Depression</title>
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	<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/</link>
	<description>Firedoglake weblog</description>
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		<title>By: MarkH</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1513225</link>
		<dc:creator>MarkH</dc:creator>
		<pubDate>Wed, 25 Jun 2008 04:21:45 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1513225</guid>
		<description>&lt;blockquote&gt;&lt;p&gt;
… an unwillingness to actually use government power to do anything but bail out private interests. It’s one thing to save the bankers and stock brokers from themselves, allowing most of them to stay rich. America’s elites understand that sort of action. But what really needs to be done, which is to bring insolvent firms under government stewardship and either wind them down or reinflate them, goes against everything the past thirty years has stood for. It’s just not the sort of thing neoliberals and neoconservatives, with their touchingly childlike faith in “free” markets, believe in, understand or can even seriously consider&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Ian Ian Ian, how do you continually write such brilliant stuff?&lt;/p&gt;
&lt;p&gt;I think that with a Democratic presidency to go with the Dem Congress there’s a chance for a new start (of sorts). The current Congress is showing it can get things done, so long as the Repubs are harnessed to bad polls. If there’s a Dem president this horse &amp; buggy could really zip along.&lt;/p&gt;
&lt;p&gt;That means the question is whether they’ll have the right instinct for the kinds of things you’re suggesting. Will they invest ONLY when it’s needed? Will they let banks fail instead of ’saving’ them for perpetual insolvency? Will they invest in people with a health care reform we can believe in? Will they do productive things in a largely bipartisan manner that will hold up for the long run?&lt;/p&gt;
&lt;p&gt;Time will tell, but I think Congress is pretty much there, so we’re sorta waiting for Pres. KoolAid.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<blockquote><p>
… an unwillingness to actually use government power to do anything but bail out private interests. It’s one thing to save the bankers and stock brokers from themselves, allowing most of them to stay rich. America’s elites understand that sort of action. But what really needs to be done, which is to bring insolvent firms under government stewardship and either wind them down or reinflate them, goes against everything the past thirty years has stood for. It’s just not the sort of thing neoliberals and neoconservatives, with their touchingly childlike faith in “free” markets, believe in, understand or can even seriously consider</p>
</blockquote>
<p>Ian Ian Ian, how do you continually write such brilliant stuff?</p>
<p>I think that with a Democratic presidency to go with the Dem Congress there’s a chance for a new start (of sorts). The current Congress is showing it can get things done, so long as the Repubs are harnessed to bad polls. If there’s a Dem president this horse &amp; buggy could really zip along.</p>
<p>That means the question is whether they’ll have the right instinct for the kinds of things you’re suggesting. Will they invest ONLY when it’s needed? Will they let banks fail instead of ’saving’ them for perpetual insolvency? Will they invest in people with a health care reform we can believe in? Will they do productive things in a largely bipartisan manner that will hold up for the long run?</p>
<p>Time will tell, but I think Congress is pretty much there, so we’re sorta waiting for Pres. KoolAid.</p>
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		<title>By: Adie</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1513023</link>
		<dc:creator>Adie</dc:creator>
		<pubDate>Wed, 25 Jun 2008 02:27:53 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1513023</guid>
		<description>&lt;p&gt;Oh, and of course Sen V. praises increasing reliance on nuclear power, since it’s so squeeky-clean &amp; leaves no residue.&lt;/p&gt;
&lt;p&gt;Don’t get me started on that…&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Oh, and of course Sen V. praises increasing reliance on nuclear power, since it’s so squeeky-clean &amp; leaves no residue.</p>
<p>Don’t get me started on that…</p>
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		<title>By: Adie</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1513010</link>
		<dc:creator>Adie</dc:creator>
		<pubDate>Wed, 25 Jun 2008 02:24:04 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1513010</guid>
		<description>&lt;p&gt;Jumping back in in EPUland (I promised I would): wonderful, interesting, informative, but still troubling post.  Sure, it’s supposed to be, to some degree.&lt;/p&gt;
&lt;p&gt;But… Keeping the banks from going belly-up, allowing the rich to remain rich (gawd blessum, inclu. some relatives I won’t name), but not addressing health care gap and, seriously, the bridges are either failing or about to in many places.  I could take you on a tour that would make you park your car forever…&lt;/p&gt;
&lt;p&gt;I absolutely LOVE your emphasis on public transportation.  Ohio lags shamefully in this area, yet seems intent on covering umpteen trillion square miles more with pavement which, as often as not, is substandard and starts crumbling from day 1, thus astronomically worsening multiple problems from pollution to loss of green-space, pollution, run-off rather than replenishment of moisture, over-flowing sewage treatment plant(s?) (Akron plus), fouling of the Great Lakes, soot-filled air, etc. etc.&lt;/p&gt;
&lt;p&gt;Thank you much for your stab at part of the problem which, unless pols and everydayfolk start taking these problems seriously and doing something to back away from the brink.&lt;/p&gt;
&lt;p&gt;Yes, Voinovich thinks we oughtta keep firing up OH’s filthy coal plants more &amp; more.  Perhaps our quest for improvement could involve concerted efforts to find replacements for some like him, truly.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Jumping back in in EPUland (I promised I would): wonderful, interesting, informative, but still troubling post.  Sure, it’s supposed to be, to some degree.</p>
<p>But… Keeping the banks from going belly-up, allowing the rich to remain rich (gawd blessum, inclu. some relatives I won’t name), but not addressing health care gap and, seriously, the bridges are either failing or about to in many places.  I could take you on a tour that would make you park your car forever…</p>
<p>I absolutely LOVE your emphasis on public transportation.  Ohio lags shamefully in this area, yet seems intent on covering umpteen trillion square miles more with pavement which, as often as not, is substandard and starts crumbling from day 1, thus astronomically worsening multiple problems from pollution to loss of green-space, pollution, run-off rather than replenishment of moisture, over-flowing sewage treatment plant(s?) (Akron plus), fouling of the Great Lakes, soot-filled air, etc. etc.</p>
<p>Thank you much for your stab at part of the problem which, unless pols and everydayfolk start taking these problems seriously and doing something to back away from the brink.</p>
<p>Yes, Voinovich thinks we oughtta keep firing up OH’s filthy coal plants more &amp; more.  Perhaps our quest for improvement could involve concerted efforts to find replacements for some like him, truly.</p>
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		<title>By: xaxnar</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512960</link>
		<dc:creator>xaxnar</dc:creator>
		<pubDate>Wed, 25 Jun 2008 02:09:22 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512960</guid>
		<description>&lt;p&gt;Excellent post today. For a companion piece, may I suggest this superb diary at Daily Kos by Jerome á Paris?&lt;a href=&quot;http://www.dailykos.com/story/2008/6/24/18641/3096/678/541385&quot; rel=&quot;nofollow&quot;&gt; Oil, housing, dollar: the Blogs told you so.&lt;/a&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Excellent post today. For a companion piece, may I suggest this superb diary at Daily Kos by Jerome á Paris?<a href="http://www.dailykos.com/story/2008/6/24/18641/3096/678/541385" rel="nofollow"> Oil, housing, dollar: the Blogs told you so.</a></p>
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		<title>By: Ian Welsh</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512907</link>
		<dc:creator>Ian Welsh</dc:creator>
		<pubDate>Wed, 25 Jun 2008 01:47:57 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512907</guid>
		<description>&lt;p&gt;Done.  Not 100% sure if you are who I replied too.  If not, comment me again at some point.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Done.  Not 100% sure if you are who I replied too.  If not, comment me again at some point.</p>
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		<title>By: jo6pac</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512858</link>
		<dc:creator>jo6pac</dc:creator>
		<pubDate>Wed, 25 Jun 2008 01:06:04 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512858</guid>
		<description>&lt;p&gt;Yes that is how bad it is, I’m in a small local bank that didn’t join the race to greed. They even run ads saying this. I won’t miss WS or any of the banks if they go Bye-Bye. We can say thanks to Sen. Graham and Wendy for this.&lt;br /&gt;
jo6pac&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Yes that is how bad it is, I’m in a small local bank that didn’t join the race to greed. They even run ads saying this. I won’t miss WS or any of the banks if they go Bye-Bye. We can say thanks to Sen. Graham and Wendy for this.<br />
jo6pac</p>
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		<title>By: jo6pac</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512848</link>
		<dc:creator>jo6pac</dc:creator>
		<pubDate>Wed, 25 Jun 2008 01:00:24 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512848</guid>
		<description>&lt;p&gt;Your correct I live and I’m blue collar in Northern Cal were all the life has been sucked out of good jobs and now there no money go out dinner to support all those service jobs. Japan had a little cash on hand we have nothing but worthless paper and citizens with out good jobs. I see more people living in their cars and believe it could be me next. Good Luck but at 59 I doubt I’ll see you on the flip side that deep this $ will be.&lt;br /&gt;
jo6pac&lt;br /&gt;
The race to the bottom continues.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Your correct I live and I’m blue collar in Northern Cal were all the life has been sucked out of good jobs and now there no money go out dinner to support all those service jobs. Japan had a little cash on hand we have nothing but worthless paper and citizens with out good jobs. I see more people living in their cars and believe it could be me next. Good Luck but at 59 I doubt I’ll see you on the flip side that deep this $ will be.<br />
jo6pac<br />
The race to the bottom continues.</p>
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		<title>By: msmolly</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512845</link>
		<dc:creator>msmolly</dc:creator>
		<pubDate>Wed, 25 Jun 2008 00:59:05 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512845</guid>
		<description>&lt;p&gt;Sorry, I was out, and now I am in EPU land. Here is the post (see comment #91) where Dakinikat laid out the sad situation of our banks:&lt;br /&gt;&lt;a href=&quot;http://firedoglake.com/2008/05/24/how-to-reduce-oil-and-food-prices/&quot; rel=&quot;nofollow&quot;&gt;http://firedoglake.com/2008/05.....od-prices/&lt;/a&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Sorry, I was out, and now I am in EPU land. Here is the post (see comment #91) where Dakinikat laid out the sad situation of our banks:<br /><a href="http://firedoglake.com/2008/05/24/how-to-reduce-oil-and-food-prices/" rel="nofollow">http://firedoglake.com/2008/05&#8230;..od-prices/</a></p>
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		<title>By: Fractal</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512786</link>
		<dc:creator>Fractal</dc:creator>
		<pubDate>Wed, 25 Jun 2008 00:24:40 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512786</guid>
		<description>&lt;p&gt;this is so amazingly complicated.  Is this where I find out how to make a lot of money in this pathetic economy?  Or is it just info to help me not lose my entire life’s savings on some crazy-ass real estate deal?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>this is so amazingly complicated.  Is this where I find out how to make a lot of money in this pathetic economy?  Or is it just info to help me not lose my entire life’s savings on some crazy-ass real estate deal?</p>
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		<title>By: Elliott</title>
		<link>http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512740</link>
		<dc:creator>Elliott</dc:creator>
		<pubDate>Tue, 24 Jun 2008 23:28:52 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2008/06/24/a-bright-shining-depression/#comment-1512740</guid>
		<description>&lt;p&gt;&lt;a href=&quot;http://firedoglake.com/2008/06/24/fossil-fuel-ceos-should-be-tried-for-high-crimes-against-humanity-and-nature/&quot; rel=&quot;nofollow&quot;&gt;Kirk’s upstairs on the Fossil Fuels CEOs&lt;/a&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p><a href="http://firedoglake.com/2008/06/24/fossil-fuel-ceos-should-be-tried-for-high-crimes-against-humanity-and-nature/" rel="nofollow">Kirk’s upstairs on the Fossil Fuels CEOs</a></p>
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