Monday, February 16, 2009

Less Than

Decade at Bernie’s
http://www.nytimes.com/2009/02/16/opinion/16krugman.html?_r=1&ref=opinion

Last week the Federal Reserve released the results of the latest Survey of Consumer Finances, a triennial report on the assets and liabilities of American households. The bottom line is that there has been basically no wealth creation at all since the turn of the millennium: the net worth of the average American household, adjusted for inflation, is lower now than it was in 2001.

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Thank you Bush! Thank you GOP! All smoke and mirrors, all one big illusion.

I have said it endlessly for 8 years: these guys were a lootocracy. Reverse Robin Hood - steal from the poor and give to the rich. Whether through deregulation or war or crisis-based economics - they had both hands deep into your pockets. Believe it, you are living the proof of that statement.

Prosecution for the endless lies? Is it time?