Apr 132011
Bill Bonner in his article Why the Feds Are Desperate to Avoid an Economic Correction provides a summary of what has happened in this country:
Christopher Caldwell, writing in The Financial Times no less, sees it as we do:
“The story of the past half century is that Americans found a way to extract money from future generations and leave them with the bill. What they have been enjoying is not prosperity, but luxury.”
We would put it a little differently. What they have been enjoying is not prosperity, but larceny. They’ve stolen from those who can’t vote. Many of them haven’t even been born.