Wall Street, banking and government are almost totally corrupt. The people are disgusted and are more and more angry every day. They see the US and world economy is again faltering. They see the sovereign debt crisis, especially that of the US. They know that soon America will lose its AAA sovereign debt rating because we have a government that keeps on spending and refuses to cut costs. They know that such a course can only lead to bankruptcy. They see the beginnings of capital controls being erected and the vote buying in Congress.
The world economy is beginning to again slow as quantitative easing ends and stimulus packages of the G-20 countries run out of steam. As a result of these previous methods of propping up economies inflation is rising, as wages remain stagnant. Taxes and fees are rising as home foreclosures hit new records. What is left of people’s assets is about to disappear as home prices fall further and stock and bond markets finally fall. The purging that should have taken place three years ago is upon us and the temporary antidote is more, more and credit again. There is no real growth; it is a mirage. In 50 years America’s leadership has led it to financial, economic and political suicide.
"We need to regulate the free market" say the bureaucrats. They don't understand that markets are not free while being manipulated and regulated by government interference.
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