Remember When Politicians Tried the Truth?

President Carter is clearly vindicated. America had a choice. They chose good ol' "Morning-in-America" Reagan. (Maybe giving Americans the hard facts was too much for voters to handle.)

What a song and dance it's been since 1980. We've experienced the largest transfer of wealth ever from the middle class to the rich. So much for the so-called "free market" ideas and trickle-down economics of Ronnie Reagan and economic advisor Marty Feldstein ! They served only to make a small percentage of Americans (about 2%) very wealthy. Their promised middle class dream was floated on a seductive bubble of credit schemes and pipe dreams whose basis in fact was just a remake of the Ponzi schemes of old.

How many bubbles have we lived through since 1980? The junk bond debacle? Savings and loan collapse? The year 2001 internet/market collapse? Enron? Today's mortgage meltdown? Now the banks are stretched, fearing a rush on liquidity. Oh, how's our national debt situation?

Phil "Americans-are-whiners" Gramm (recent ex economic guru to "Bomb-bomb-Iran-let-them-die-of-cancer" McCain) lobbied hard in the early nineties to have investment banks excluded from ANY oversight. He got his wish. Now nobody knows how much bad paper we've sold to the rest of the world. It's causing global panic. Heck of a job, Phil!

Timin', a tick-a-tick-a-tick-a timin'…

Can you spell k-a-r-m-a? Nearly thirty years worth of blowing bubbles and pipe dreams and "they'll-greet-us-in the-streets-with-flowers" nonsense is coming back with compound interest. Instead of letting the perps get away with their usual M.O. - drifting away from their messes with golden parachutes while using our tax dollars to clean up - why not ask them to give us our money back for this grand 30-year fraud?

Think about how you might phrase that! :>)