Friday, February 22, 2008

Connect the Dots

The economy is in shambles.

Ethanol is a joke, requiring more energy to make a gallon than its worth, and if every cob of corn in America were made into ethanol, it would only be 7% of our oil consumption. Meanwhile this boondoggle funnels billions into the midwest corn belt, raising the price of corn, and raising the price of just about everything else related to the food chain.

We borrow billions from China to buy oil from the Saudis.

Low taxes have bankrupted the government.

Programs of mercy and hope are slashed, but breaks for the wealthy remain - check out the "yacht tax" for a small example.

What's wrong with this picture?

The same thing that was wrong during the Harding Administration - unregulated capitalism -wherein the voice or profit and greed dominates government policy.

This kind of capitalism reared its ugly head with a vengeance during the Reagan Administration and has been roaring ever since, yet headed for the same debacle it always creates - the collapse of the bubble. Greed is it's own poison; tragically, the middle class pays the price, and the poor die.

Such capitalism has nothing in common with Traditional Capitalism, a economic partnership between business and government underpinning the middle class.

Unrestrained capitalism - a profound evil - destroys the middle class, leaving only a slight percentage of super-wealthy and their minions, leaving the rest struggling, with millions struggling at the lowest levels. Check out the Middle ages - when church and king were in collusion with the wealthy, and the rest of society in serfdom.

Connect the dots.

Bush and his cronies have shamed us before the world, committed crimes against our character and our people, talked nonsense while beguiling us with talk about defense and terrorism, and robbing us blind.

Connect the dots!