There is one person who reads this blog and he's a Kool-Aid drinking leftist, and quite possibly one of the smartest person I know, so maybe he can help me out with this. What the fuck is going on with our economy?
I could go through what both sides (not political sides, economic schools of thought) are saying, but lets just boil this down in my mind to the two most important questions I have.
First - If the economy is recovering and you've brought us back from the brink of the edge, why oh why is the interest rate still at zero? Since you can't have a negative interest rate it would seem that if anything else happen our backs are a little against the wall being at the lowest rate already.
Second - Why does no one but the institution, Federal Reserve, have any oversight over the finacial actions of said bank? Shouldn't we the people have an idea who is getting our money, when, how much, and why? I hear from Washington the word Accountablility, but have noticed a real lack coming from them.
It seems to reason that anyone who takes a particular stance on anything now a days without demanding full disclosure a complete moron. Health Care Mandate(*) should be one of the most troubling events in my lifetime, but it pales in comparison to the Bail Outs, Wars we're in, and US citizens turning into sheeple by proxy.
(*)Words are very important, especially in a day when the incorrect ones can be passed with even the veilest of excuse draped over them and the public accepting them. When a noun requires, another important word, you to purchase a noun by way of taxation and/or retribution judicial procedure, it ceases to be a reform and starts becoming a fucking mandate. Or obligation. Or command. Or order. Or if you're a redneck, some'in you have to do.
Guide me Obi Wan, this shit is driving me nuts.
San Francisco, Napa, and Muir Woods
1 year ago