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Do Americans Live Within Their means ? The president seems to think so.

This however is generally not the case. Most people in this country are in hock up to their eyebrows. Ted Rall - a columnist I like to read - has some good points on this here.

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23 Things They Don't Tell You About Capitalism

I have just been following an online interview/chat on Firedoglake with Ha-Joon Chang and economist that teaches at Cambridge Univ.  discussing his latest book 23 Things They Don't Tell You About CapitalismThey are listed  here.

cmaukonen's picture

What It Feels Like When a Superpower Runs Off the Tracks

Thought I would put this piece from Tom Engelhardt here. A fairly accurate analysis of America's denial.

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Are Americans still outraged ? Oh you betcha

Well here is a chart that might shed some light on this subject.

From this article in Mother Jones.

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Divisions ÷

cmaukonen's picture

They keep going and going and going ..........

I really like the idea of a one world government and maybe in about 400 years humanity will have matured enough to actually get one. Donal did an excellent series on why complex societies collapse with talks by Dr. Tainter.


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Favorite Quotes
"Today the tyrant rules not by club or fist, but, disguised as a market researcher, he shepherds his flocks in the ways of utility and comfort." Marshall Mcluhan


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