A Snake Eating Its Own Tail - Clusterfuck Nation - The Diigo Meta page

• 29 Jun 09
  

  Clay Burell
  • Notice the two words largely absent from whatever public discussion exists around these matters -- "swindle" and "fraud."  The reason they're missing is because if they happened to enter the conversation, something would have to be done about them, namely investigations and prosecutions. The president is the person in the best position to set the terms of this public discussion, and by avoiding these two words he's blowing the chance to begin the process of correcting the tragic course we're on.
  • The competence and hence the legitimacy of the US government is on the line here. The US economic situation is going to get a lot worse. Many more people are going to lose incomes and chattels and will suffer, and the moment will arrive when they will direct their anger outward.  They need to be told two things:  that the borrowed-against future is now here, requiring very different  behavior; and that those who received lavish payment for looting the American future unlawfully will be subject to due process of law. So far, nobody has even been fired, let alone officially investigated.

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