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Web Letter

"Social Security is the bright spot"--How hard did you laugh when you wrote this?

Social Security is bankrupt. There is no money.

The USA is bankrupt. There is no money.

Lots of Americans are going to be bankrupt. They will have no money.

You've been bamboozled by Wall Street. You've been bamboozled by the US government. You've been bamboozled by the Republicans. You've been bamboozled by the Democrats.

Whose money do you think is going to bail out Fannie and Freddie (a bailout devised by corrupt and/orclueless Democrats)?

Yup, yours.

How much did the clueless and corrupt government vote to increase the national debt ceiling in above bill?

Yup, 800 billion dollars.

Bankrupt. Unemployment. Recession. Inflation. Bread lines. Tragic.

Web Letter

We have been doing a number of posts on the economy recently, and especially how it is effecting working women and families. Living in one of the states that has been hit hardest by the housing market crash, and in the middle of a state budget crisis that seems unlikely to be resolved without cutting vital programs for the needy, we are really seeing this take a toll.

Web Letter

And our well-chosen representatives seem to be just as dysfunctional as the present American marketplace. They tried to re-regulate the futures traders , including ICE, I think, and the thing failed on a procedural vote on cloture. They pump raw crude at $3 a barrel and we are paying $140. China's managed economy is growing at 25 percent, ours is barely maintaining a questionable 3 percent. Sovereign funds are buying up American real estate at a record pace, and we demonize Rev. Wright for saying "America's chickens are coming home to roost."

Are we as stupid as the rest of the world seem to think we are?

Is our so-called great wealth and power simply an illusion?

Is the housing bubble a metaphor for the whole country, i.e., we owe more than we are worth?