Voodoo Economics

The banking dominoes will start falling by this summer ...

Rumor is Morgan Stanley - another Lehman Bros in size - has a LOT of exposure to European banks via derivatives. So if there is a run on the European banks - or they just go bust before a run - its 2008 all over again and time for another TARP. Why not? It worked the LAST time, right.

What do you call it when taxpayers are used to bail out Capitalism? Surely not Socialism or Communism and it most certainly cannot be called Capitalism. So that leaves Fascism - using middle class tax money to bail out the upper class as necessary to maintain the status quo ...

The way you get out of a deep recession or depression is spend, current policies of austerity just drive the economic ship into deeper water. And some of you want to drill more and bigger holes in the bottom, idiocy. We have had 35 plus years of voodoo economics, cutting taxes, running up ever greater deficits and we are to get out of it by cutting more taxes, more jobs, again idiocy. Running major wars while cutting taxes, reducing protections against bank speculations and other stupidity, all this is beyond idiocy - it verges on treason. These are in fact, acts of treason, in the name of big business and the criminal class of talking faces owned by their (the wealthy) think tanks and foundations. Ever since Reagan we have been told that if we cut taxes the economy would be the better for it, that the growth in wealth would trickle down, well it does not trickle - it goes to the wealthy and there it sits, more idiocy ...

So all you 'game show host' (Mitt Romney) supporters out there - be it now or a hundred years from now - the trickle will still be 'any day' now ... You have fallen for a con job, your head has run into the same wall over and over and you still believe that the Republicans help the economy ... This goes beyond idiocy into the realm of the moronic.