dagblog - Comments for "Hard Times"

You are very welcome and

Emma Zahn — Sun, 21 Oct 2007 18:11:08 +0000

You are very welcome and thank you for your kind words.

I haven't yet read the articles you link to yet because I usually try to reserve my Sunday mornings for more inspirational and hopeful reading. But I will get to them later today hopefully.

Thank you, Emma, for drawing

TheraP — Sun, 21 Oct 2007 17:27:19 +0000

In reply to Hard Times

Thank you, Emma, for drawing attention to this.

And to add to what Emma and Thinking (above) have written, the poor and the near poor pay an inordinate portion of taxes, whether sales taxes or whatever. And it is upon the backs of the poor, the young, the struggling near poor, that we will be bailing out the big banks who underwrote risky loans and the traders taking big risks in energy, who are driving up prices for heating - all without, of course, adequate federal supervision.

Under bush the treasury appears to have been raided in many ways, partly through the war and all the privatization of war and surveillance, and also through gutting agencies we depend on for oversight of financial and judicial activity. And the poor and near poor suffer inordinately.

The articles I link to are from today's New York Times and today's Washington Post. I highly recommend both. One explains the melt-down in the credit market and the likely bailout that is coming. The other explains how energy trading often goes without notice on "private" exchanges. The privatization of energy trading: The next bubble waiting to burst?

And why do I post this here? Because instead of helping the poor and the struggling in our society, we're likely to take more out of their pockets, to protect the losses of the rich, who are picking the pockets of everyone!

That we live in one of the richest nations and are at the bottom of the heap in healthcare, daycare, and other social safety nets is a travesty and a shame and hardly bearable for anyone with a conscience!

Thank you, Emma!

By the summer of 2001 the

Thinking — Sun, 21 Oct 2007 03:21:03 +0000

In reply to Hard Times

By the summer of 2001 the Bush administration had taken completely

taken over the media. There are factual changes that can be documented.

All public agencies were controlled before this.

If anyone says they trust any government report

they are a pawn for this administration!

Economists that supplied cover for this administration should be

considered co-conspirators.

Economics as practiced today with no human cost system

or social science links will be considered

a tool for propaganda!

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Today, are we searching for I deals or Ideals?

-Thinking