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Impoverishing the U.S.
by Isabel76

I have read all of the posts, and I completely agree that this corporate bailout is not the answer to the problem.

I'm not going to pretend I understand everything about the current economic situation in the U.S. A part of me agrees that no one should receive any kind of additional help, and let the market correct itself, but I recently read a Harper's article about how the groundwork for the next bubble (alternative energy) has already been laid, so I think further action needs to be taken, but not how it has developed by Congress and the Fed thus far.

Am I the only one who feels really nervous when I think about how the Fed is not a government body per-se, but, in fact, lends the U.S. government money at interest?

Just as I think that there are going to be some major growing pains around how to make the economy work for us to support a shift in priorities from consumption to responsible utilization of natural resources, there is going to be some major pains around how to bring the market back from speculative to production based ecenomics.

I don't think that what this guy has to say is the gospel, truth, and I'm not recommending his views wholesale either, but he goes far beyond what everyone else in public office and in financial institutions has been putting forward. It is very radical indeed, but I think we should expand our conception way out there, and then figure out how to pull it back just enough to make it work: www.larouchePAC.com. If nothing else, you'll have learned what other movements are happening around this issue that may affect your state congress soon.

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