Faux Fu

Tuesday, October 20, 2009

"The Tragic Evolution of an Industrial Economy into a Financial Finagling Economy..." - JK

I do think there is a palpable and prevalent sense that we've been hoodwinked.

James Kunstler: "The sense that Wall Street has pulled off a coup d'etat and taken over the machinery of the United States is the most powerful meme out there now, and its power is growing in magnitude every day among all classes of Americans. I can't say how much it reflects reality. Even if it is a result of sheer happenstance - the tragic evolution of an industrial economy into a financial finagling economy - the citizens will still experience it as a stealing of their future."

And according to this article Capitalism as we know it is Dead!

"Once a society becomes successful it becomes arrogant, righteous, overconfident, corrupt, and decadent ... overspends ... costly wars ... wealth inequity and social tensions increase; and society enters a secular decline." Success makes us our own worst enemy."

Sounds familiar?!

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