Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Wednesday, July 27, 2011

One More Day...


Good Lord, it's about as beautiful a day here as I can remember.  High 70s, dry and clear blue skies.

When we think of the Great Depression, we think in black and white, but surely there were glorious days like this in 1931 as the politicians and central bankers turned an economic downturn into the Great Depression.

And now with the House GOP threatening to do the same, I wonder how future generations will remember the Second Great Depression?

Also, too, I agree with Krugman that it is patently absurd to say, "Both sides are to blame, Washington can't compromise."  The Democrats have prepared a plan that is to the right of the Republican electorate and still it is being rejected.

Death by stupidity.

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