The governor of PA wants to pass a law banning municipal bankruptcy, which proves how desperate finance capital is to survive the debt bomb crisis!
The point is this: all the recent political solutions to the debt bomb crisis will only prolong and intensify the stagnation we are moving toward.
"You idiots are in massive denial that the massive problems started 3 years ago - and what caused them "
3 years ago? it all started when? who invented TARP? too big to fail, credit default swaps rated 'AAA' - who encouraged people to go out and max out their credit - to buy homes with sub prime? who? the same guy who decided their were WMD's in Iraq.
look in the mirror idiot
I see you are quite fond of the word "massive", but just as their are other words in the dictionary that can be used, there are also better more MASSIVE strategies to be implemented to get this economy back on track. "Ponzi scheme"???? WTF is that a reference to in the Bush Administration? Sounds a lot more like a failed MASSIVE OBAMA Solyndra or Sunpower reference to me!
still better than the massive job losses at the end of the gw douche debacle - and better than the romney job creating in China that will be the hallmark of any republican administration.
<that will be the hallmark of any republican administration. >
with the Dow down over 200, I think you are right, it will be a Republican Administration next year. Glad to see you are preparing yourself for it. Btw, W never did have this kind of gross incompetence during his 8 years, even though the dem-caused mortgage crisis was at hand. Losers.