Bleumangue

On Anna Schwartz's Scathing Criticism of the Fed

It is heartwarming to read of intelligence in action. Usually these types of analyis are found in post-mortem notes and diaries; or uttered by those who have quit, retired or otherwise been outsourced and downsized to the fringes where their commentary can produce the least amount of change. We can't all afford to build personal economic arks - the 1950' bomb shelter mentality applied to present day money woes - so articles such as this should also present a list of probable steps to be taken by the more or less uninitiated to mitigagte the damage. Between "evil" and "stupid" there exists a segment of populace that needs to be provided with valid, reliable, and timely information to protect itself from the MSRP philosophic mentality of our economic leadership. I can always chase the deer and trap the rabbit - at least until 240 million other people decide to do the same. What we need here is the mindset that turned Japan from a 5 and 10 cent country into what it is today. They have a concept of inclusion that doesn't really exist here. As long as any captain of industry is able to find sanctuary elseware (despite the few sacrificial executive lambs), there will always be a crisis of "confidence". I don't think we're bankrupt. I do think that we are no longer a country; just a whole bunch of people living on some land trying to survive. I belong to the shrinking-what-used-to... I am beyond being baffled and dazzled by cow pies. I need fiscal advice that goes beyond: When the going get's tough, the tough go shopping!