Nothing New Here

Bernanke and Obama spoke late last week. Not a new idea between them, just the same old tired stuff – print, print, print and spend, spend, spend. No attempt whatsoever at understanding the economic problems that we face, or acknowledgment of the failed policies that caused them. A total lack of connection to the real world. As the NYT (the NYT?) reports that Sarah Palin described the problem:

First, that the United States is now governed by a “permanent political class,” drawn from both parties, that is increasingly cut off from the concerns of regular people. Second, that these Republicans and Democrats have allied with big business to mutual advantage to create what she called “corporate crony capitalism.” Third, that the real political divide in the United States may no longer be between friends and foes of Big Government, but between friends and foes of vast, remote, unaccountable institutions (both public and private)…..

“Do you want to know why nothing ever really gets done?” she said, referring to politicians. “It’s because there’s nothing in it for them. They’ve got a lot of mouths to feed — a lot of corporate lobbyists and a lot of special interests that are counting on them to keep the good times and the money rolling along.”

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