Tuesday, January 13, 2009

Our collapsing economy
From former US assistant secretary of the treasury (under Reagan) Paul Craig Roberts
The cost of the Bush Regime’s wars, together with the 2009 budget deficit that Bush has bequeathed to Obama, equals half of the accumulated national debt of the United States.
Oh, yes. A fiscal conservative.
Who is going to lend to a bankrupt government that is ruled by financial crooks, the military-security complex, and the Israel Lobby? How long will the world finance US aggression that disrupts energy prices, keeps the world on edge, and makes America’s creditors complicit in war crimes?
From CounterPunch.

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