Saturday, February 23, 2013

America faces more than a dozen deadlines, all caused by billionaires and wealth transfer

2/12/2013 10:00am by Gaius Publius

I’ve had an article in draft for some time — “The 16 Deadlines Facing America” — that details each deadline, describes the dangers, and states why each faces an end-point rather than just a periodic fluctuation. (Example of periodic fluctuation: The price of GM stock goes up and down — sometimes the number is good, sometimes bad — but GM stock continues to be traded on the market. Example of an end-point: The market price of tradable tulip bulbs goes up to impossible heights, then crashes so badly that the interest in trading them completely disappears. The market for tradable tulip bulbs is dead forever.)

I’ve identified 16 of these game-over situations facing America today, situations from which there is the possibility of no recovery — not the certainty, but the possibility. As I was working on that article though, looking especially what it would take to reverse each trend, I realized it’s really only one story writ 16 times on 16 separate canvasses.

That story? The song of the predator class, the rich and the rest — “All your money are belong to us.
 

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