Should we rush to shore up the economy so we can build more freeways and pump more carbon in the atmosphere? You might think the answer is "Obviously not", but a lot of people don't realize that is exactly what a bail-out bill is going to do.
We're not hitting a speed-bump here, we've gone past the end of the road. The American Empire is dead already, it just ain't laid down yet. Our credit is bad because we doubled the national debt in seven years. Our Army is broken and our "leaders" are drooling mad-dogs who have alienated everyone else in the world who can read.
Business as usual is over, and some serious market losses are just what you would expect to see now. They will continue until our economy is put on a sound peace-time renewable energy basis with good jobs, affordable housing, and universal healthcare. What would be wrong would be if that were not the case.
Wednesday, October 1, 2008
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