Friday, November 14, 2008

And He Smiled And Waved A Lot

clipped from patdollard.com

Something of historic proportions is happening. I can sense it because I know
how it feels, smells, what it looks like, and how people react to it. Yes, a
perfect storm may be brewing, but there is something happening within our
country that has been evolving for about ten - fifteen years. The pace has
dramatically quickened in the past two.

We demand and then codify into law the requirement that our banks make
massive loans to people we know they can never pay back? Why?

We learn just days ago that the Federal Reserve, which has little or no real
oversight by anyone, has “loaned” two trillion dollars (that is
$2,000,000,000,000) over the past few months, but will not tell us to whom or
why or disclose the terms.

And I thought I would never be able to experience what the ordinary, moral
German felt in the mid-1930s. In those times, the savior was a former
smooth-talking rabble-rouser from the streets, about whom the average German
knew next to nothing.
And he smiled and waved a lot.