[wdvltalk-social] Tuesday trivia

[joseph harris]

From: "michael ensor"
> hehe, talking of politics, have been following the 
> poitical circus in the
> US Congress over bailouts and AIG.....If a people get the 
> government
> they deserve the American people must have been truly bad 
> from the
> time of independence to date to end up with the current 
> Congress, send a
> Greek bearing a lamp I say........
>

By that reckoning Brits have been the pits - Thatcher, 
Major, Blair, Brown - it gets yer down!

Have you noticed the latest US idea is to make it easier for 
corporations to donate to political parties. Welcome my 
feudal lords.

The whole financial sector should have been left to go hang 
from the start, and effort put into the real economy. The US 
has spent or committed around $10,000 per man woman and 
child; the UK, not to be outdone in tomfoolery has  an 
equivalent per head of around £34,000. If that had gone 
straight to people's pockets the wheels would have been 
grinding again to allow a bigger and deeper depression i 
nthe future.

The whole consumer led credit economy is as dead as the 
dodo; but Gordon the Unready and Barack the Voice are about 
sixty years behind. I await the revelation of yet more 
nasties in the Financial Casino, and another opportunity to 
pay off bankers' gambling debts!!!

Absent regulation made it faster and wilder, but the fault 
is much, much deeper. Large companies and corporations are 
simply not part of the democratic structure and have no duty 
to the society which protects them at all.

Look for general deflation to 2012 followed by about six 
years of raging inflation; food will inflate throughout 
though! The actions of governments have cemented in the 
problem, and nothing now will cause much improvement for at 
least five years, maybe a decade.

Exponential growth has always been a nonsense in a finite 
world.

Cassandra returns to his cave.

Joseph