He can be repetitive (it’s what people do when they have a clear idea, but it doesn’t seem to resonate adequately), but from the perspective of a European-American POV, this was pretty clear.
This crisis seems to me to be largely contrived. Those most interested in returning to a laissez faire, feudalistic/social darwinistic world, maneuvered us into a crisis. Because of their economic and political strength, they made sure that they would be bailed out for their efforts, and because of their economic and political strength, they have been able to force us to subscribe to their economic ideology despite, or perhaps because of, the depth of their failure.
Drown the government in a bathtub has become a universal desire of those with the real power, in the US and abroad. The only difference between Europe and the US is that in the US, a large proportion of people have been brainwashed into actually believing their tripe, while in Europe it is politically expedient to hide the agenda and to paint the anti-safety net as a victim of a crisis that cannot be controlled.
It’s not from the likes of a Goldman-Sachs administration that we will find a solution to this, and it certainly isn’t the Merkles of the world that will lead us back to the right path.
Thus 15-M and OWS.
Anyhow, I find this all very depressing. For a brief period it seemed that the Keynesians were back, but O’s adoption of Goldman Sachs soon put that out of the picture.
We’re being played like fiddles.

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