There's a way out of this mess but we won't get there by scapegoating immigrants, letting lobbyists run the government, and letting corporations hide their profits un-taxed in offshore havens.
That's not directly relevant to this thread, but still not a bad rant. Unfortunately, you only scratched the surface of the mess we are in. The totality of the reality is much, much worse. Of course, you could have a thread just on how fucked this country has become.
Since you brought it up, the latest "genius" scheme to get us out of our current mess is the Negative Interest Rate Program (NIRP). That is where Government and banks charge YOU for the privilege of lending them your $$. So basically, the Government makes $$ out of borrowing $$ and running a deficit. Sounds Thru-the-Looking-Glass until you consider that losing 1-2% of your principal per year might be better than losing 10-50% in a volatile stock or bond market. Yeah, it sucks, but it's coming. So bend over.
NIRP is really a clever way of levying a back door tax on savers without passing any legislation. That is, people who did the right thing all their lives and saved & invested. Now Government wants these people to consume to goose the economy. It also wants to run bigger deficits so it can afford to pay benefits to an ever expanding Free Shit Army (FSA). Unlike the people who save and invest, the FSA will loot and riot if they don't get their EBT cards, Section 8 housing, Medicaid, or Obama phones. The FSA also votes (legally or illegally and probably more than once an election).
The bad news is the above is inevitable. The good news is we can drown our sorrows in pussy, specifically Asian pussy, until Rome (er, Washington DC) is finally sacked. That's my plan anyway. When I finally go broke, I'll join the FSA.
