Jul 302011
Three short thoughts that concisely describe our current and future condition:
- We are all going to be very significantly poorer than we thought we were over the last 20 years, because we just simply won’t have the same standard of living.
- From the government’s point of view, they should have fessed up at the outset, treated people as adults and told people the truth — that we are going to see a major shrinkage of the public sector and an awful lot of things are going to be worse than we thought they would be, including our pension entitlements.
- There’s only one thing worse than living in fear, and that’s living in fantasy like we are now.
There are seven others provided by the British CEO of Tullett Prebon in a BBC interview. To learn more, see Michael Panzer’s piece.
A major shrinkage of the public sector a happy development, not something to fess up.
[...] Trying to Hide the Obvious (economicnoise.com) [...]
[...] Trying to Hide the Obvious (economicnoise.com) [...]
Hi Monty, I was intrigued by some quotes of Harry Belafonte posted on the Michael Panzer’s piece. Its fascinating to listen to liberals use the same words that we use, but with totally different meanings. We all know that Belafonte is a socialist/marxist. Here are the quotes taken from the piece, which were attributed to the Washington Post as the original source:
…What Harry Belafonte would ask Congress about the debt crisis
“My question would be, to Congress and the president: What happened to moral truth? What happened to moral courage?” Belafonte said.
He’d also like to tell them: “Politics without moral purpose, really more often than not, winds up as tyranny.”
“Barack Obama and his mission has failed because it lacked a certain kind of moral courage, a kind of moral vision . . . a kind of courage we are in need of,” said the King of Calypso.
“When he said ‘Yes, we can,’ it was politically clever, but he never defined what it is we can do. So we filled in those spaces — what we thought he meant — only to find we were disappointed, because none of those points was satisfied.” …
Wow, Harry should attend a teaparty rally. Of course Harry would like to see our nation turned into a marxist cesspool. He’s mad because Obama hasn’t transformed us enough or at a quick enough pace to suit him. On their face, I would agree with everything he said except that part about being “disappointed”. Obama hasn’t disappointed me, he has lived down to my every expectation.
As Mr. Panzer stated, we are living “in fantasy”. Most of our Washington politicians are living in a fantasy world. It seems that only tea party sympathizers in congress “get it” and they are being demonized by both sides. Oh well, the truth is out there and more and more Americans will get a big dose of reality shortly. Keep up the good work, Thank you.