Tuesday, December 16, 2008

Who are we?

A survey of the news brings tidings of a massive stimulus plan built around infrastructure spending to grow the economy while the Federal Reserve cuts interest rates to near zero. It's an approach that recalls Japan during the 1990s.

Then I see nationalization of banks and talk of appointing a "car czar" and one can be forgiven for thinking we're following Russia.

Lastly, we now witness one senate seat that was apparently for sale in Illinois and another in New York that might be handed to someone strictly because of her last name.

I think we're a banana republic.

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