Wednesday, September 01, 2010

A Recovery Without Jobs is a Concentration Camp

Challenging the illusion of solvency.

I sought him, but I could not find him;
I called him, but he gave me no answer.

Song of Solomon

* * * * *

Ask yourself what is recovering as you watch the following segment...




Answer: the illusion of the viability of our dysfunctional financial system ... at least in the minds of what otherwise appear learned people. All things economy their focus are unsustainable fantasies absent bankruptcy reorganization of the albatross that has become securities-based finance. Crisis begets crisis in conditions like these, so the experience of the past ten or so years is likely to persist until such time as those who took risks are held to account. Until then, odds improve our social condition stands to be likened to a concentration camp without fences.

—Tom Chechatka

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