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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 03:29 PM
Original message
Hard Times Getting Harder
http://www.opednews.com/articles/Hard-Times-Getting-Harder-by-Stephen-Lendman-110918-99.html

:snip:

Political Washington fattens itself on campaign cash, hanging out to dry struggling millions. Trends analyst Gerald Celente says it's time for direct democracy - "tak(ing) power out of the hands of politicians and put(ting) into the hands of the people."

With their own self-interest at stake, bet on them getting it right. With politicians on the take, they do it only for fat cat contributers, and the bigger the bribe, the more they get.

:snip:

A Depression, "simply put, is a very long period of economic malaise and when the economy fails to respond in any meaningful or lasting way to government stimulus programs," or what passes for them with benefits mostly to corporate favorites and super-rich elites.

It's defined by a "series of rolling recessions and modest recoveries over a multi-year period of general economic stagnation as the excesses from the prior asset and credit bubble(s) are completely wrung out of the system."

More at the link --
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-18-11 04:06 PM
Response to Original message
1. by that definition of a depression.....we are well into one.
and yet Washington insists on the euphemism,
" worse economic situation since the 1930"s"
hoping people will not be able to understand the meaning of that phrase.
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Mr Deltoid Donating Member (694 posts) Send PM | Profile | Ignore Sun Sep-18-11 04:12 PM
Response to Original message
2. Just lookin' out of the window
Watchin' the asphalt grow.
Thinkin' how it all looks hand-me-down.
Good Times, yeah, yeah Good Times
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