Tuesday, September 30, 2008

Insomniacic* Ramblings

One Question: Are we just prolonging the inevitable collapse of our economic system? Passing the buck to the Next (my) generation? 

Unfortunately, I do believe that we are just prolonging the inevitable depression that will come. There is a need to revolutionize our economy- and politics. Our economy has followed the path of endless accumulation for too long- endless accumulation without real fiscal assets to back it up. We trade in credit and debt. All we need now is China to call us on our debt.

What I would not give to sit in the public gallery when Congress is in session, and harangue our lawmakers for their petty childishness: "STOP BLAMING EACH OTHER- YOU ARE BOTH TO BLAME!!! And then be arrested for not maintaining decorum. At least I would have a clear conscience. And of course, the alternative is to write a letter to my senator/rep- but I know how that will end up- opened by an intern, read, and filed, with a standard return: "The Senator appreciates your letter of concern..." This is OUR democracy, excuse me, Republic- paying lip service to make you FEEL as if your voice/opinion can make a difference or change. But what should I have expected- our Founding Fathers created this political system to prevent the tyranny of the majority- aka the unlanded masses- to favor the (tyranny) of the minority- wealthy, landed gentry. 

So as you can tell- I'm frustrated- the economic situation we are in now has had its symptoms since 1999- what we did not learn is that you cannot base value and worth upon intangible items/goods/consumables/commodities- dot.coms (in that case), credit (today).

Screw this, I'm moving to Canada.

On another note- if he can't be president, can we at least make Ron Paul some kind of economic advisor?? (Yeah, I know its from Fox News, but Ron Paul wasn't really interviewed by too many people) 

And here Ron Paul schools Bernanke- now I can't say I agree with Austrian Economics- well, maybe in Domestic affairs, but it is a system that requires COMPLETE free markets- which, as seen from history, is not possible.


*Yes, I did make up my own word- ha.

1 comment:

Anonymous said...

omg I LOVE watching ron paul show ben bernanke who's boss.

and it's not tony danza.