Saturday, December 18, 2010

What's wrong with this picture?

According to the NY Times:
"American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago, at least in nominal or noninflation-adjusted terms."

Meanwhile, joblessness grows, the middle class shrinks, wars without end roll on with their true cost shielded from a public who probably wouldn't notice even if they weren't, the police state apparatus grows ever more ominous, and our government, held hostage by a deluded minority of self-style patriots, continue to midwife the institutionalization of the corporate welfare state ("socialize the risk, privatize the profits").

Welcome to the oligarch republic.

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