ValueHunter

Should We Force a Housing Bottom?

Democracy is not failing because of Chaney or Halliburton or Exxon Mobil. Democracy is failing because of us. The American people are incredibly ignorant of economics, politics, geography, science and every other subject on earth. I'd wager more than 50% don't even know who Dick Chaney is, let alone how they are getting bilked. Unfortunately, the old adage about democracy being the worse form of government except for everything else is still true. But don't worry, one day the crisis will be so big that some demagogue will establish some form of dictatorship.

As far as red herrings like "o.k. if you are so liberal give up your wealth", nobody advocates that outside of Cuba and North Korea. All that is required is to stop the corruption, the robbing the middle class and the poor in ways both legal and illegal. But hey, most of us here will do fine and will relocate to China, Brazil or Russia with our investments once the U.S. is in ashes, so as long as you don't give a damn about that, all is fine.