24 April 2008

An Widescreen Economic Viewpoint

1. Everything that is happening economically was completely foreseeable by any whom were well read and thoughtful.

2. The basis of the American economy for most of the last three decades was gambling and greed, and profiteering from failure and debt.

3. The near future will be very, very bad -- an economic armegeddon.

4. The obsession by policymakers and Corporate American with growth has seen a long series of bubbles which always inevitably burst and cause significant harm to many.

5. Biofuels are strongly contributing to inflation and leading to increasing food shortages.

6. America's economic mismanagement by government and corporations is the worst since the Great Depression with more ineptitude and blundering ahead.

7. Having the Federal Reserve focus on growth will result in no growth.

8. The economic cancer created in the US is spreading across the globe.

9. Lobbyists run America and today's politicians are utterly woeful with zero leadership ability.

10. Absolutist Free Market Capitalism is destroying economies globally both on macro and micro levels.

11. Inflation in the prices of consumer goods is a direct result of Bush Administration foreign and domestic policies.

12. For too long, too many corporations and individuals having been getting handouts and entitlements from others without really needing or meriting them.

13. Global Warming and climate change are enormous variables and a risk to mankind that is unimaginable for most in power but the consequences will be profound.

13. The long era of growth, and having and getting more, is over for most.

*****

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