I wrote a letter to Whitehouse.gov about our peerless leaders statement on Wall Street bonuses. In it I said that the bailout of the "too big to fail" banks, and the very fact they are "too big to fail" makes them quasi-public entities.
This is not an example of any sort of "free market". We have a mixed economy -- and greater realization of how mixed it actually is would help everyone.
We've had enough mythology, enough of all this "rugged individualism" bullshit. The very same people who espouse these doctrines take farm subsidies, are in the military, come from military families, and have lived off the "public tit" all their lives.
They get social security, medicare, or work for huge corporations that depend on government contracts for their existence.
If they are small business folks they depend on CUSTOMERS. Many of those people earn their living either directly, or indirectly from various GOVERNMENTS.
They require INFRASTRUCTURE, etc., etc., etc.
Workers have to be EDUCATED.
RESEARCH drives the development of new products.
ETC., ETC., ETC.
Enough Tea Party bullshit.
Enough anti-union, anti-worker, anti-government bull from the right.
Some of the most reactionary folks seem to be "law-enforcement-professionals" most of whom are protected by a UNION. Something they want to deny others.
I guess they don't remember when cops and firemen were grossly underpaid, thought to be little better than thugs -- even though that seems to be the way they are acting these days.
That's enough -- too much anger seeping out -- I'm going all over the place.
Tuesday: Case-Shiller House Prices, New Home Sales, FOMC Minutes and More
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Near Lowest Levels in a Month
Last Monday, mortgage rates were near the ...
12 hours ago
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