2008 Update: yikes

2008 Update

http://www.strike-the-roo...

an excerpt:

Is the trouble now behind us, or is more on the way? Is the glass half full, or about to shatter on the floor?

Unhappily, Scenario Number Two appears the more likely. My guess is that trouble has moved in for an extended stay: what I call the Perma-Depression. The reasons for this prediction are appallingly clear, even if the Corporatist Media (especially in the U.S. ) and their status-quo cheerleaders often paint a rosier picture. The underlying fundamentals nearly all point in the same direction: down. Hard times lie ahead, and it will take more than a short business-cycle correction to bring back the easy prosperity Americans once took for granted.

Far too much damage has been done to America since 1913 for a quick turnaround, and the policies being pushed by the Corporate Media and the Old Power Parties (as represented by Obama and McCain in particular) are just more of the same – war with Iran or Pakistan or some other Target of the Month; bigger government generally; a takeover of the banks by the Fed; more restrictions on business and on personal liberty, and so on. FDR, Johnson, and every other anti-liberty, war-mongering, "guns and butter"-promising, pseudo-compassionate pol in American history would be proud. Such policies are guaranteed to make things worse; they always have. Indeed: such policies are what brought us to where we are today.

Below, an update on the five areas I discussed at the start of 2008 in The Year Ahead: [see link above for full column. Includes link to a Daily Paul page with a video by Dr. Paul]