"Millions of people face severe financial hardship, if not ruin, due to the obscene and irresponsible greed of a very small number of folks. Because the Congress is captive to anybody with large sums of money to spend, nothing particularly effective will be done to prevent things like this from happening again.
There are about 25 professional registered lobbyists for every member of Congress."
---"The country goes deeper and deeper into debt on a daily basis. The greatest financial threat the nation faces is the cost of health care, and nobody in a position to actually make or enforce policy has any freaking clue how to manage or control that."
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"We have very low inflation, unless you include food and energy. So if you don't eat, heat your home, or drive, the dollar you make today will we be worth about what it is today for quite a while."
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"Over the last 30 years, the American middle class has been gutted by the loss of jobs to offshoring and automation. We continue to have a strongly entrepreneurial and innovative economy, but when it's time for bright new ideas to scale up to an industrial level of production, much if not most of that happens overseas. So, wealth, but jobs, not so much."
Also - America's Current Queen of Comedy Sarah Palin says that President Obama's call for a Sputnik moment to promote innovation should have been a call for a "Spudnut moment" ... and no I am not making that up ... no one can invent stupid crap like Palin can all on her own:
"You know what we need is 'a spudnut moment.' And here's where I'm going with this, Greta.... Well, the spudnut shop in Richland, Washington -- it's a bakery, it's a little coffee shop that's so successful, 60-some years, generation to generation, a family-owned business not looking for government to bail them out and to make their decisions for them. It's just hard-working, patriotic Americans in this shop.
"We need more spudnut moments in America. And I wish that President Obama would understand, in that heartland of America, what it is that really results in the solutions that we need to get this economy back on the right track. It's a shop like that.
Ah, America, 2011 will be tougher than you know.
Except for comedy and self-parody. We're pretty much overflowing there.
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