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Our Third World Country

by tdaxp ~ November 17th, 2009

Our Third World Country

The economy may never recover from decisions of the late Bush Administration and the early Obama Administration.

Our pundit class does not think we are the future.

Our Administration is making up employment numbers.

Our voting machines are easily hackable, unlike in mature democracies, such as Brazil.

AIG’s bailout succeeded… in transferring billions from the government to banks in no-strings-attached, never-pay back loans.

Under the late Bush and early Obama administrations, the U.S. transformed into a state that acts like a third-world country.

No wonder China shut Obama off. We don’t offer free TV time to the President of Uruguay, either.

2 Responses to Our Third World Country

  1. ElamB end

    I saw the AIG story and thought of you. Great job NYFed, calls for a promotion!

  2. tdaxp

    I am sure plenty will be working for the financial industry soon after they ‘retire’ from government… [1,2]

    More calls for Geithner to resign. [3] Let’s see if Obama is listening.

    [1] http://www.opensecrets.org/revolving/
    [2] http://www.opensecrets.org/revolving/rev_summary.php?id=70162
    [3] http://online.wsj.com/article/SB125864421370955721.html?mod=WSJ_hpp_LEFTTopStories

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