It is almost a month since my last post. I just had to stop for a while because there are so many stupid things being done by our governments for our own good. There is just not much to write that is positive. But I find I need to write anyway.

I never cease to be amazed at how blatantly politicians can lie to the people. Or how they can redefine things to make them appear good when they are really bad.

A stimulus not financed out of savings is a debt and attracts interest. A large stimulus not financed out of savings is very bad.

Changing the whole of the US healthcare system to accommodate 30 million more people and costing over a trillion dollars is bad. Especially when cheaper alternatives are not considered and the politicians think it has to be really big or it won’t work.

Businesses can’t and won’t work that way so why does government believe it can? It’s  a high risk strategy and illogical.

Isn’t that what they said about the stimulus and the TARP? They thought of a number that would be big enough to get everyone’s attention.

I know that many in the US Congress and the Senate see bi-partisanship as a “good” but it is not a good if it is against a parties basic ideology.

The problem with the Republicans is they have sold out their ideology so often that they stand for nothing.

The Democrats stand for anything that will get them where they want to go. They are true to their ideology.

It’s almost like the Republicans are digital and the Democrats are analogue.

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The financial wizards of Wall Street and the “to big to fail” bankers are about to reward themselves with money created mainly from taxpayers bailouts. It is unbelievable that this is simply accepted. I hear on Fox and other channels the rationalisation that those corporations that have paid the government back the tax payer money should be allowed to pay bonuses again.

This is not right and is highly immoral.

It is a known fact that wealth creation and destruction moves in waves. When the great financial crisis began the focus was on the “too big to fail” institutions and they were rescued by Paulson and Bernanke using tax payers money.

As wealth destruction moved through to the”real” economy unemployment was the result. Private business suffered enormously because of what the financial industry did. So did their ex- employees.

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