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View Diary: Scott Walkers Epic Fail! It's STILL Not Working. (Fail pix) (Update #2) (130 comments)

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  •  Well, we know one thing for certain-- (6+ / 0-)

    public corporations can crash the economy, if they put their mind to it. We also know how -- starve it of currency. Taking money out of circulation is as good as draining the oil out of the transmission.
    The other thing we know is that the process is not simply reversible. Economies are dynamic systems and it's not possible to flip the switch to get them going again.

    I suspect that when the private sector (Wall Street) engineers a contraction or a crash, the process is a little easier to reverse because they have a stash of cash and secrecy makes it possible to take corrective action without too much notice by the public. So, the embarrassment factor is less.

    I'm concerned that Obama got suckered into a contest where other people pay the price.

    We organize governments to deliver services and prevent abuse.

    by hannah on Thu Mar 28, 2013 at 02:27:24 PM PDT

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