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Monday, September 22, 2008

 
America Nationalizes Its Banks and Runs Out of Gas -- Here's a good piece from Time Magazine on the nationalization of the U.S. financial system, and a CNN iReport video on how the country is beginning to run out of gas. And here's Jim Kunstler on the whole sorry catastrophe.

The government's shell game (which cup is our last ten cents under?) is the last gasp of our formerly wealthy nation. Remember The Clinton Era surpluses? I bet you'd allow him all the blowjobs in the world if we could have that cash back now.

My friend Brian asked me the other day what he should do with his 401k. I suggested buying a gallon of milk, a loaf of bread and using whatever's left for toilet paper.

Unless McCain or Obama have space aliens hiding in the wings with a way out of this mess, it won't be long before that's all U.S. currency is good for.

The only thing that surprise me now is how quickly this is all happening. I knew Bush and his cronies in the Party That Wrecked America were robbing my children of any hope for the future, but I had at least hoped to not be around to see the abject misery that the entire nation is on the very edge of falling permanently into.

UPDATE: Here's a very good basic primer on what's been happening over the past few weeks. And The Fart Party talks to Douglas Rushkoff about the end of the world.

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