Monday, April 27, 2009

Obama Has Missed His Moment

By Chris Hedges

"The president had a fleeting moment to challenge the casino capitalism and financial recklessness of our economic and political elite. He could have orchestrated a state socialism that would have provided a safety net for tens of millions of Americans faced with dislocation and misery......

Deflation or hyperinflation will be our nemesis. These are the only two options left. The speculators on Wall Street and in the White House are again rolling the dice. But be assured that no matter what combination comes up we are going to be fleeced."

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