Friday, February 21, 2014

The Magic is Gone...

This Harold Meyerson article is well worth reading, but I'll just serve up the last paragraph, since it reflects my own opinion nicely:

...Someone needs to invest in the United States of America. For the past decade and, in a broader sense, for the entire duration of the Reagan era, both government and Wall Street have opted not to. Should Barack Obama win, the era of neglectful government will probably come to an end. No matter who wins, Wall Street is vanishing before our eyes. And by the measure of their contribution to America's economic strength and well being, both Reagan-era government and Wall Street's investment banks plainly deserve to die. {My emphasis}

Damn straight.