America cannot expect a bunch of disenfranchised park-dwellers to come up with a solution to its economic woes — they have a political ruling class to do that.
Wednesday October 5, 2011
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Money is power, & you ought to be reasonably ambitious to have it." —Russell H. Conwell, Temple Univ, 1877
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
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October 8th, 2011 at 10:54 am
Hahaha….that was great.
The main reason Americans can’t find any solutions is because there are no EASY solutions and we all want something quick, easy, neat and snappy so we can go gorge ourselves some more.
Good luck with that. We need to change our behavior in the face of a changing world and economic system. We need to get out ahead of things instead of trying to maintain a failing and doomed system. But we won’t. Not until the very last minute. I hope it isn’t too late at that point.
October 8th, 2011 at 10:35 pm
When the demonstrators change their major theme to “No more crimes against capitalism” I’ll join them. The Tea Party (senior citizens majority) pushes against Big Government even though the senior citizens want SS, Medicare and Defense spending to remain intact and even grow. These young men push against Wall Street even though they use many of WS’s services. Let’s watch how this tug of war will play out as Nov-2012 approaches.