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View Diary: "An Elaborate Charade" - Dean Baker on the Debt Ceiling Crisis (251 comments)

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  •  They're race to the bottom parasites (3+ / 0-)
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    jimreyn, WheninRome, k9disc

    Most of them have already written off the US as we know it and are just trying to extract maximal value out of it before it's all spent, like a mineral-rich mine that's about to collapse onto itself from all the extraction. They're not looking to make the country thriving and productive again so they can tap into it long-term. That's not their specialty and they don't have that sort of discipline and patience. Plus, it's not manly-man and they need to impress their Oak Room buddies.

    These people are LITERALLY the better-dressed, financial equivalent of mafioso. They prey on going entities until they've killed them, and then they move on to the next victim. Perhaps bloodsucking vampires or leeches is a better comparison. They know that they're killing us, and they don't care. It's what they do.

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Thu Jul 28, 2011 at 12:02:16 AM PDT

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