An AP article . by Christopher S. Rugaber,
Jonathan Fahey, and Michael Liedtke , running in today’s (Nov.14,2011) Fredericksburg, Va. Free Lance-Star
newspaper, is titled Europe’s
woes will spill into U.S.
Really, Fred? Their
woes will spill into our market? Like
our woes didn’t spill into theirs first? Like the U.S. economy tanking had zero
effect on the rest of the world?
American Financier shenanigans didn’t precipitate global economic
disaster? American Politicians living in Corporate Deep Pockets didn’t cast
pocket lint and other less savory detritus upon the European landscape? Letting
banks wildly mix the types of credit they were allowed to dip their greedy
little fingers into didn’t create the mess to begin with?
The purpose of a law is to prevent the weak-willed from
trampling the rights of others, and to lay out in clear terms the punishment of
those who aren’t going to be deterred by some piddly little law. Corporations
have been buying Politicians for as long as both entities have existed. Politicians
have been re-writing laws to suit Corporations for about 1 day less than that. Loosen
the laws, unleash the greed demons.
This is not unique to the United States – it goes on all
over the world, in tiny little villages and ginormous countries. It is a big
circle of economic dominos. America has (had?) dozens of dominos; fifty tiny
African countries share one domino between them. Let that one domino tumble
over and there’s a poof of dust when it hits the ground. Let America’s dozens,
or Europe’s interlaced dozens, or China’s dozens go down and they take down all
the dominos nearby, racing around the circle. It’s a big circle. It takes a
while.
American is starting to get a few dominos upright again.
They aren’t firmly seated yet. They still wobble in a strong breeze. European
dominos falling make a pretty strong breeze, seriously, if our economy hadn’t
tanked first – if our mess hadn’t shaken all the dominos in the circle,
Europe’s problems wouldn’t be a massive threat to our recovery. This isn’t “Europe’s Woes” spilling into the U.S. This is
more like the backwash of our own unsavory spit gagging us.
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