[kj] OT- I couldn't help but to think of the West

[B. Oliver Sheppard]

Aside from that upward transfusion of wealth from the poor, working, and 
middle class to elite, venerable NYC financial institutions via the US 
govt (welfare state or socialism in reverse), Bush is now also warning 
that the danger isn't the American economy going into a downward spiral, 
which most economists seem to think is happening -- he is saying the 
danger is that the US economy might become "too correct."

We still have 10 months left of this fucker.

http://www.forbes.com/feeds/ap/2008/03/15/ap4776901.html


Avoid overcorrecting economy, Bush warns

By TERENCE HUNT, AP White House Correspondent 
30 minutes ago

WASHINGTON - President Bush on Saturday said the
government must guard against going too far in trying
to fix the troubled economy, cautioning that "one of
the worst things you can do is overcorrect." Democrats
said Bush was relying on inaction to solve the
problem.

-Oliver




ade wrote:

> Shush! Unmentionable! It's a tower of babel just waiting to happen, let's just

> ignore it & it'll sort itself out. Look the other way..

>

> -----Original Message-----

> From: gathering-bounces at misera.net

> [mailto:gathering-bounces at misera.net]On Behalf Of B. Oliver Sheppard

> Sent: 15 March 2008 15:10

> To: A list about all things Killing Joke (the band!)

> Subject: Re: [kj] OT- I couldn't help but to think of the West

>

>

> The rich are getting a pretty sweet deal here in the US over the past 

> couple of days:

>

> http://www.prospect.org/csnc/blogs/beat_the_press_archive?month=03&year=2008&base_name=the_nyt_hides_the_bailout_of_b

>

> -Oliver

>

>   

>

>