All the more reason for more radical reform.

And reform non profits. There are just too many of them. Politicians and the wealthy, including former presidents, leave office and start them. The new US business model, open a non profit and pay no taxes.

I have wondered if shrub/shooter emptied our treasury, kept interest rates too low for too long, and appointed incompetants in place on purpose to cause this mess. The effect is still a new world order isn’t it?

This is the largest land grab since the Civil War.

This quote is from an 1803 letter written by Thomas Jefferson and sent to William Henry Harrison about the removal of the Indians. The quote could have been written today.

To promote this disposition to exchange lands, which they have to spare and we want, for necessaries, which we have to spare and they want, we shall push our trading uses, and be glad to see the good and influential individuals among them run in debt, because we observe that when these debts get beyond what the individuals can pay, they become willing to lop them off by a cession of lands…. In this way our settlements will gradually circumscribe and approach the Indians, and they will in time either incorporate with us a citizens or the United States, or remove beyond the Mississippi. The former is certainly the termination of their history most happy for themselves; but, in the whole course of this, it is essential to cultivate their love. As to their fear, we presume that our strength and their weakness is now so visible that they must see we have only to shut our hand to crush them, and that all our liberalities to them proceed from motives of pure humanity only. Should any tribe be foolhardy enough to take up the hatchet at any time, the seizing the whole country of that tribe, and driving them across the Mississippi, as the only condition of peace, would be an example to others, and a furtherance of our final consolidation.

http://en.wikipedia.org/wiki/Indian_removal

This process, along with the toothless “solutions’ being proposed, make me feel we are on a slow motion train wreck that will be far worse than the “L” shaped recovery that occurred during Japan’s lost decade of the 80’s

Japanification is probably the best we can hope for with Obama’s muddled financial plans. Recovery is not in the cards. We are in a suckers market that could run to the fall or collapse Monday. Commerical real estate is imploding and its effects on the banks have yet to be felt. Geithner’s signature programs like the PPIP and the TALF are stillborn. His regulatory reforms are an empty joke. None of the fundamental problems that underlie the housing collapse or financial meltdown have been addressed. We need to keep our eyes on the math, not the atmospherics. And the math remains awful.

I know it was covered here yda, but I haven’t seen or heard a peep from KO, Rachel, etc.

Admittedly I couldn’t watch every segment of both shows, but while I was watching there wasn’t even a mention.

Here’s a guy who laid wood to both sides when deserved, and for that got taken out like yesterday’s garbage. I feel there needs to be a little more outrage from our side.

I want single payer health care. I don’t want a pony. I want a wolf.

Yep SD single payer IS the solution to the health care crises. Maybe we need to amend the Constitution and make health care a Right for every citizen!!
The big moneyed Insurance companies have had their chance at it but they let greed/profit dictate the health care they cover.