The president-elect cast blame on "an era of profound irresponsibility that stretched from corporate boardrooms to the halls of power in Washington."
http://www.msnbc.msn.com/id/28555437/page/2/
I'm tending to think any kind of bailout or economic stimulus plan is bad news. Why prop up a system that has obviously failed? So it can fail again?
If the fat cats and Wall Street weasels want the economy healthy, then they need to dig into their pockets and spend some of their cash. Layoffs only mean fewer people to buy things.
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The fat cats don't care about the economy, they just want the people in a financial position where they can exert more power over us, like the company store in the company town for the company mine or sawmill operation. They have the money, the people have no choice but to live the way they're told to. They have to spend everything they make, just to live. There is no standard of living in that except what the company allows them.
It'll be just like the "good ole days"!
I see it as the end of the consumer economy. What happens when everyone doesn't need to buy more stuff.
The economy is obsolete.
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