whitewolfsonicprincess' 2nd single Child of the Revolution

Wednesday, August 10, 2011

Boat-Loads of Free Money!

Give the people, the little common ones, boat-loads of FREE MONEY! I agree with Atrios. That was always the simplest, easiest and most direct way of "fixing" the financial crisis.

Maybe it sounds stupid. And people will tell you that it just can't be done. Smacks of socialism or something, but of course we ended up printing up boat-loads of money and then shoveled it to the Banksters, and then they basically hoarded it for themselves.

And the people continue to spiral down. And now all this talk of "austerity," and "budget cuts" is really a way of punishing "the people" for the sins of the wealthy elites. And, of course, as Paul Krugman points out, austerity in the face of this kind of economic down-turn is the worst kind of medicine.

"I’m still trying to make sense of this global intellectual failure. But the results are not in question: we are making a total mess of a solvable problem, with consequences that will haunt us for decades to come." - Paul Krugman

You might think the people in charge are just idiots, everything they are doing is actually making the problem worse, not better, but I think they are also greedy, unhappy folks who don't want to admit they don't know what they are doing, and they want to make us all suffer. Just because they can...

Blog Archive