OT added to subject line

On Sun, 11 Sep 2011 15:10:39 -0700, Hawke
wrote:

snip
So
while some of the debt we have racked up can be attributed to decisions
made by the Democrats most of it came courtesy of the republican party.
It was not the work of both parties equally.
snip

======================
You and others following this digression may appreciate
http://www.swans.com/library/art17/ga297.html
snip
Somehow, that's where the shoe rubs. Mr. Bush and Mr. Obama
attended to the well being of Wall Street but never
addressed in any serious way the crisis on Main Street that
was by and large caused by the bursting of the housing
bubble. Homeowners have been left to fend for themselves as
they lost over $8 trillion in equity (4) while being
burdened by personal debt. Not at any time did both
administrations focus on the real problems beleaguering
American workers. Their approach may have been according to
script -- let banks lend more and consumers borrow -- but
they constantly missed the scope of the crisis. They have
failed to grasp that this crisis was not the usual business
cycle, which could be solved with the panoply of orthodox
policies, but the culmination of a crisis that began in the
1970s and never abated. They also failed to take the
opportunity to change the structural and sociological
paradigm. So the chickens are now coming back to roost in a
hurry with full adversarial strength.

Not only are these people malevolent, they are indeed
clueless.
snip


--
Unka' George

"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants,
but debt is the money of slaves"

-Norm Franz, "Money and Wealth in the New Millenium"