Saturday, February 07, 2009

I'm no economist

But I don't pretend to be one.

The problem is, almost all of our media, with a few exceptions, are not economists either.

Even worse, most of those employed as talking heads on financial networks are not economists either. They are stock salespeople. No matter what, it's time to buy stocks! All hail the market, it's the ONLY thing that matters.

So now the stimulus plan was trimmed of such "superfluous" items as vaccinations and school construction and improvements.

But the tax cuts remain!

And while some of this can be blamed on spineless Democrats, asshole Republicans, and a new Administration learning its way. It has all been enabled by a media, largely well-compensated pundits and talking heads, who are both completely incompetent in the subject and looking out for their own economic interests...the wealthy.

You and I can go fuck ourselves.

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