This story encompasses some of the most important issues of what is wrong with America (and lots of the rest of the world), and illustrates how all of these issues feed upon each other:
- The "education" system is incapable of teaching anything other than how to conform.
- The health care system is inefficient and immoral.
- The population takes little active role in managing its own affairs, instead relying heavily on corrupt and/or incompetent authorities.
- A (government supported) cartel of predatory corporate mobsters controls the financial system and with huge influence over the entire economy.
When did America become this kind of country? Where little midwestern school boards think it's a fine idea to use their money allocated for scissors, paste and teacher pensions for speculating in the international bond insurance market? And where all the most prestigious colleges send a third of their graduating classes to Wall Street so they can learn how to fleece these little school boards most effectively?
It's horrifying. Fortunately, the current financial panic will eventually force the New York Times to eliminate this type of high-quality reporting. So while such catastrophes will continue to occur, at least we won't have to hear about it.
—Jonathan Schwarz
Don't worry though. Change is coming and BO will save us all and make everything perfect the way it used to be!
2 comments:
I really fail to see how Obama is going to save us. The New York Times reported on Sept. 30, 1999 that Clinton was pushing Fanny Mae to take on more loans from low income borrowers. It also reported on Sept 11, 2003 that Bush was calling for more oversight of Fanny Mae but that Cogress would not allow that as it would make it to hard for low income borrowers to get home loans. Yet this is all Bushes fault and Obama, who thinks Bill Clinton is perfect is going to save us? GOD help us.
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