To state the obvious— we are (getting) totally screwed.  These terrified folks are reacting poorly in a hurry, and no one knows where this ends.

…the congressional leaders were told “that we’re literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally.”

It is already clear that myriad ill-conceived and improper levers are being pulled, setting in motion additional disastrous unintended consequences. We can pretend that it will be otherwise, but reality will remain.

To state the obvious— we are (getting) totally screwed.  These terrified folks are reacting poorly in a hurry, and no one knows where this ends.

…the congressional leaders were told “that we’re literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally.”

It is already clear that myriad ill-conceived and improper levers are being pulled, setting in motion additional disastrous unintended consequences. We can pretend that it will be otherwise, but reality will remain.

Tagged as: crisis08 socialism

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