Saturday, November 7, 2009

Thievery


Once is randomness, twice catches my eye but the third time is a 3-sigma event that raises the hair in back of my neck and makes me pay strict attention. The fourth time?


I knew that there were all kinds of thieves, from the idiot with a gun robbing a bank cashier to the bank vice-president stealing it big-time. But I did not expect to see our citizens in cahoots with congress and the bankers giving the entire country away. I lived through the Savings & Loan debacle of the 80's but the current thievery makes the S&L crooks weak amateurs by comparison. And it's happening not once, twice or three times... they're about to raid the treasury for the fourth time in a little over a year to the tune of yet another trillion or so. A trillion here, a trillion there, and pretty soon you're talking ALL the money (with appologies to senator Dirksen). The fiscal year 2009 deficit was three times that of 2008. The foreign-owned US debt is $3 trillion, a quarter of that China's. There is no letup in sight.

Our great nation is the last bastion of stoic common sense, but we seem to want to go the way of Rome. It's not my congressmen who are voting screwy, it's the big cities and "blue" states.

The fourth time scares me.


-text © 2009 by Willy


P.S., it's also called looting and plundering, but it's usually done to another country.

1 comment:

Stephen Chapman said...

It's a worrying time. It's no better in the UK with our national debt climbing daily to record levels. It will be more than the GDP of the country soon and most of it has gone to the banks.