Again i ask is this county ready for a French style Revolution???
Just make sure you take down the right people and institutions.

Highest regards for Robert Reich, but his metaphors are a mess here.


If anyone who says we are out of the woods is out to sea.
And that anyone is one of we.
Then we are indeed out of the woods.
And we are out to sea.

Ronnie "the deregulator" Raygun and his Raygunomics got this whole ball of wax rolling and now we have ended up on the edge of the abyss.

"This is your captain speaking. I have good news. We are still in a dive, but the rate of the increase in acceleration has diminished somewhat. Also, the pieces breaking off have made us lighter, and the gaping holes in the fuselage are greatly reducing the demands on the air-conditioning system."

country is going down the tubes and there's nothing we can do about it

good articles: http://www.iamned.com

As Paul said: “We have always known that heedless self-interest was bad morals,” said Franklin Delano Roosevelt in 1937. “We know now that it is bad economics.” And last year we learned that lesson all over again.

The right wing stole our government and economic systems for the last couple of decades, dominating the rest of us with their elitist policies. Now the right wing claims that our government is bad for us, and do not want any reform or intervention on behalf of our people. The right wing still insists that regulation is bad, and that the free market is good - both ideas have proven to be miserable failures.

This is our government, and we can make it either good or bad. It is up to us, the people.
I take offense to the right wing continuing to insist otherwise.
They seem intent upon continued destruction of our government, our economy, and regulatory systems. The right wing comes very close to the defintion of a traitor.

Good people of America, stand up for what is right, stand up for your fellow man.
In God I trust.

The PR push to show some improvement in the economy is BS..........still no jobs, costs are not going down, and no infrastructure investments of any meaningful size. Just because the "markets" are doing better doesn't mean jack, but the MSM and investor class like it just fine. Mr. Reich is spot on.

hey, have you seen the latest in Bammernomics? Following the 'huge success' (?????)of the 'cash for clunkers' program (less than 10% of allocated funds paid out due to typical govt admin problems), they are now coming out with 'cash for caskets' where the gubmint will pay to bury yer sorryazz with taxpayer funds - as if there's not enough deficit & debt now!!!! sheesh, what a bunch of m0r0ns!!

Reich is one of the best, most humane, most knowledgeable and down-to-earth individuals out there. It's surprising, frankly, that the Obama administration hasn't put his talents to good use.

With no accountability for those that have gotten our nation into this disaster, the entire world will see US for what we really are: a FRAUD! The rest of the nations will not want to do any more business with US ever again.

The nation will be shunned. Do you think it isn't happening already?

Karma, (As ye sow, so shall ye reap, for the Christians in the crowd) or retribution will be very, very nasty, but the revulsion with which the rest of the world's nations views the U.S. is understandable.

AAA ratings for everything = fraud
No SEC investigations in to improprieties = fraud
No Upholding the Rule of Law = fraud
CEO pay 100's times that of working man imbalance = massive injustice
Bailout $ apportioned to the the richest = fraud
Not observing the Geneva Conventions, which we signed = fraud
Keeping those that perpetrated crimes in their positions to continue their crimes = no justice = fraud

We were all put on this speeding train when the FED came into existence, and the same greed mentality that caters to unsavory desires of the elites with corporatism and ever-greater profits, at any cost without regard to other human beings.

If their are no changes, then the trajectory remains the same.

Payback is hell. A recession started a few months before Clinton left office. Yet the democrats blamed it on Bush. Of course this recession started while Bush was president. We all know that. But if you really want to help the economy you will support small government/free market policies and oppose these ridiculous and wasteful bailouts.

The economy will recover

Where are the Bush economic operatives - why aren't they being interviewed and appearing anywhere on the so call news shows - let them tell us how they let it all go so wrong - six months and it's all Obama's fault - yet the repubs now who were in the majority during Bush years are telling us how they know what's best now -

May we stop covering this prune (P.K.) so much; I am a progressive, but I wax weary of this pseudo-pundit; actually, I am weary of all the pundits and media wh....., regardless of party and persuasion; but this guy has had his say AD NAUSEUM, I could spout it in my sleep, and he should shut up and go back to academe (or be swallowed up at a Town Hall meeting-----yea, let him take a Greyhound and go to the trenches for a change). He is doing more harm than good; I would much prefer to hear Eliot Spitzer on the way Treasury is implementing some of this critical stuff, than to hear this all over the place blabbermouth earn some more by yet another commentary-------

The positive news is France, Germany and a parts of Asia are recovering. For the US, positive GDP is occurring because because companies have been laying off. The next wave Business will need to increased GDP based on revenue increases because 70% of the economy is based on consumer spending. There is plenty still a ton of money sitting on the sidelines that is doing nothing and looking for a home. We are at an inflection point. The first place growth should be seen is the retail sector. The best indicator will retail without factoring in Aircraft and and Gas. At this time, consumers are not spending anything beyond the basics. Stimulus packages need to take root now. Technically once GDP shows positive, we are in a recovery mode. Unemployment numbers increase for about 4 months as more and more people who previously gave up looking for jobs, start trying and get back into looking. Generally 6 months after a bottom in a recession do we see unemployment numbers begin to go down. If you believe the recession ended this quarter, that you figure March is when people should start hiring again. That is about the traditional time for hiring. The economy has been so bad for so long, many structural changes (Safeguards) need to prevent the same corruption and build a real economy based on real products and in sourcing jobs back into this country. There is now a light for the unemployed. Just how bright I don't know.