Econ Wrap-Up

People (media, & the loudmouth morons of the financial community, that is) seem very happy that there are big banks to buy failing banks, making even bigger banks. Proves the fundamental soundness of "our" economy, they claim. Consolidation is a good thing, because it makes for more competiti...No, wait, that's not it...The good thing is, that...that these banks will really be too big to fail (like GMChrysler, for example) & they'll still be able to do whatever they desire, knowing that the gummint will be there to bail them out. What a relief for our free markets. Imagine. The eventual result of "demand-side," "trickle-down," unfettered free market economy is, is... TA-DA: Socialism!! OK, not really. The whole fucking system, whether run by Wall Street, or Wall Street execs taking a sabbatical in Washington, is still run by pathetic aging male Anglos in suits, ties & the same mind-set.