Like the dodo, numerous creatures in the path of Sarah Palin’s great pipeline that will cover at least half of North America and good sushi, the Free Market seems to be gasping its last breath.
From the Int’l Herald Tribune, we have this story .
Of course, the powers that be won’t admit that the market has failed and all of the corporate tax breaks are living in … I don’t know … the Grand Cayman maybe, but we do know that you and I will be on the hook for all of this toxic debt that hot shits on Bay and Wall Streets have amassed over the past few years.
The damage is ruining the American economy. How will consumers consume more things to consume if they don’t have quadruple mortgages on their homes? When Fannie Mae and Freddie Mac are owned by the government, doesn’t that put all of the people in America at risk of being foreclosed by the government, even if they are making their interest payments?
There’s something intrinsically wrong with this picture, but I can’t seem to figure it out. Hmmm … Let’s see … Blackwater debt collectors? Revival of the ‘debtors prisons’ built by Cheney and the Halliburton gang?
Disaster capitalism really is becoming a disaster!!