Have you ever met a more meek and gullible set of indidivuals in your life than the congress of the United States?
Just a few years into the wake of the biggest blunder our country has seen in decades, once again the executive branch is at with its Shock and Awe fear campaign this time directed at the economy.
You would think that Wall Street is a fourth branch of government the way they seem hell bent on handing over even more money the government cannot afford. Maybe Wall Street is a fourth branch of government. Maybe the millionaires club that sits in congress is very much worried about their investments much as they are about their own raises and health care.
It takes this group little to no factual information to get rocked to the core. We’ve heard time and time again about the doom and gloom on wall street - yet life goes on.
Add to the equation another cult of personality figure the likes of which we have not seen since Colin Powell and you’ve got an almost identical formula as we did in 2003.
Ambiguous facts, extreme blunders that were “not our fault”, fear and loathing and of course our benevolent knight in shining armor Secretary Paulson and you have the perfect recipe for an economic coup.
Maybe if we sit this one through we can rebuild our economy on more than a house of cards that it seems to be. Maybe we’ll spend what we actually earn. Yes, maybe we’ll have to do without for a time, but I think the result will be better than a further reinforcement of the illusion that is the American economy.
