No doubt about it now America is in big trouble. The question of the hour is Deep Recession or Depression? Yes, that's the crux of the matter. The article contains a plea for common justice for the average citizen, even more for common decency. Obscene, that's the word for what's going on. All these rich expecting & entitled to rise above the hurly burly no matter what the cost to the people of the country who by rights ARE the country. This orthodoxy which claims that our fates are one in the same(the rich & the rest of us); excuse me, I beg to differ on that. The true root bottom cause of the housing bubble is simple. Americans can no longer really afford a decent house. The whole base of America is half rotted away by off shoring & illegal cheap foreign workers. The novel financing schemes were a way of masking all that & wishing it away. The stock market really is a sort of Ponzi Scheme. It's based on faith, sort of a modern temple of Mammon. A crisis of faith leads to a crash. The references to Fascism are based in true history. The Nazis took over in Germany largely because the beaten down, desperate people allowed it to happen. The rich need to pay for their greed & not be dusted off & have it all handed back to them. In the name of justice & for the good of the country. America cannot afford to remain a welfare state for the rich.
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