Joe Bageant isn't happy as he surveys the detritus of what was the American dream. This guy is a downer. And unfortunately Peacenik saw Peacenik's self in Joe's article "you got your common man living on hope, lottery tickets, or the dogs and ponies." Yes Peacenik buys lottery tickets. Peacenik feels modestly anxious that Peacenik hasn't bought a 649 ticket for Saturday night.
But Peacenik said it before, Peacenik would rather trust the future to lottery tickets than to Stephen Harper or the rest of our oleaginous leaders or the corrupt and crooked stock exchanges. The DOW and TSX are in the red and only 4 hours to go till the closing bell. Does it matter? Do you have your lottery tickets?
By Joe Bageant
When Barack Obama took office it seemed to some of us that his first job was to get the national silverware out of the pawn shop. Or at least maintain the world's confidence that it was possible for us to get out of debt. America is dead broke, the easy credit, phantom "growth" economy has been exposed for what it was. A credit scam. Even Hillary Clinton and Obama's best efforts have not coaxed much more dough out of foreign friends. But at least we again have a few friends abroad.
So now we must jackleg ourselves back into something resembling a productive activity. No matter how you cut it, things will not be as much fun as shopping and speculative "investing" were.
The fiesta is over, the economy as we knew it is dead.
Read on...
But Peacenik said it before, Peacenik would rather trust the future to lottery tickets than to Stephen Harper or the rest of our oleaginous leaders or the corrupt and crooked stock exchanges. The DOW and TSX are in the red and only 4 hours to go till the closing bell. Does it matter? Do you have your lottery tickets?
By Joe Bageant
When Barack Obama took office it seemed to some of us that his first job was to get the national silverware out of the pawn shop. Or at least maintain the world's confidence that it was possible for us to get out of debt. America is dead broke, the easy credit, phantom "growth" economy has been exposed for what it was. A credit scam. Even Hillary Clinton and Obama's best efforts have not coaxed much more dough out of foreign friends. But at least we again have a few friends abroad.
So now we must jackleg ourselves back into something resembling a productive activity. No matter how you cut it, things will not be as much fun as shopping and speculative "investing" were.
The fiesta is over, the economy as we knew it is dead.
Read on...
