Life in the US

A couple of weeks ago I heard the sad tale of the young man trampled to death..A temp security guard, hired to control the crowd when the doors opened on black friday..little did he realize the dangers involved if he came between shoppers determined to buy the latest, the IN est, the products no one could live without. I read he was trying to rescue a pregnant woman from the crowd. Merry Christmas to all the mob that killed him. Thanks to the advertising industry who manufacture the hype, broadcast it on tv and radio, print, flyers..this really illustrates what the US has become..A giant Ponzi scheme..as long as the suckers keep buying, the US is healthy. We no longer manufacture very much--most of the good high paying middle class jobs have moved to China, Korea, Mexico, and other cheap labor lands--It was understood a day of reckoning was coming..and it has hit like a freight train. Crooked bankers, mortgage brokers, Stock companies, insurance companies, plus the mostly republican mantra of deregulation led us to the brink of the greatest depression ever seen. As Alan Greenspan sadly admitted he never thought these people would put their companies at risk..all for greed. Once the separation of mortgage issuers and collectors of the money happened it was all over. Banks could now issue mortgages, bundle them as investment vehicles, and sell them all over the world as high quality investments. And sell they did, pensions, city's, other banks..All was fine until the housing market burst..
So our govt. has given the banks and other villians billions of dollars, with no accounting of where the money is to be used. Of course these crooks aren't using it as hoped, to help people being foreclosed, to loan money to get businesses and people going again. I just watched a news program where they interviewed two senators..Question- did you read the bill? answer. I read the summary!! I'm sorry?? We pay you bums a huge salary, a lifetime pension, lifetime free health care, you work less than a lifeguard in Maine, and you can't read the whole god damned bill? Giving away 800 billion of our dollars, adding trillions to the deficit, and you are too busy? How many DC parties did they attend during that week or so of negotiations? How many massages, tennis, squash, long lunches, all paid for by us? and they couldn't read the bill..If we the people are ever to take back our government we need 1) term limits 2) no lifetime pension 3) no lifetime health care 4) no lobbying for 10 years after leaving office.
Ponzi scheme #2-everyones favorite friend Bernard Madoff..a true sociopath..charming, manipulative, a perfect con artist in the exact moment and place. PB Country club. Filled with many wonderful, giving and very rich people. One of my best friends for years joined 20 years ago..His sponsor was a very wealthy man from Toronto..when he told me, I said you sure are moving up--his reply was he would put up his bottom line anyday--He was the perfect mark for BM..I can see it so clear. To be one of BM's circle was the ultimate clique within the bigger clique--everytime my friend walked into the club BM would greet him, maybe a big hug, a slap on the back..the ego just swelled. To be one of the selected few..after all that was part of the con--very selective picking and choosing of the marks--and my friend, call him "BAMM", was ripe for the pickings. So- a charity now forced to close, a holocaust survivor, a family foundation wiped out, a family's fortunes wiped out. All victims- Even his original mentor in the market, Carl Shapiro, who put him in business as a young man--lost 185 Million in his foundation and 400 million in his personal account. I just heard a man who ran a fund that lost 1.5 billion was found dead, a suicide. In PB many of the big foundations have lost everything--The Picower foundation lost a billion and has closed--they funded many worthwhile programs.
How does this tie in to the demise of the US?