Friday, December 17, 2010

The Rich Get Richer . . . ?

Things do not look good -- either for those of us not wealthy or the nation as a whole. We are over committed financially to the wrong things -- the rich rather than those in desperate need of help, wars that have no end or ends that can be justified. Obama's comments on Afghanistan said not a word about our security agencies' skepticism about our prospects there which contrast sharply with the military boasting reinforced by Obama. I can understand his impulse not to undermine our troops with his comments, but . . .

WikiLeaks will have more to say about such things and presumably coming up -- the corruption of many of our economic institutions -- public and private. Stealing seems to be the name of the game. When caught the rich get fines and the poor, prison sentences.

I had the good fortune to have an honest investment counselor as a father and he taught me to trust no one connected with Wall St. He had anticipated the Depression and gotten as many of his clients as possible out of the market. Some of the smartest stayed in and were slaughtered by the crash.

We seem to be repeating the same pattern of which I imagine Obama ix fully aware. Needless to say he will be blamed for our economic disasters. That is the Republican way of dodging responsibility.

Julian Assange is the bad guy for telling it as it is. If they don't get him killed, they will figure some way to get him into solitary confinement as they have done with Bradley Manning.

But there are too many knowledgeable people to hide the facts. We are in for an interesting two years!
--
"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
--
Ed Kent [blind copies]

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