Wednesday, January 04, 2006

A fiscal hurricane

Straight from the maw of the beast...
To hear Walker, the nation's top auditor, tell
it, the United States can be likened to Rome
before the fall of the empire. Its financial
condition is "worse than advertised," he says. It
has a "broken business model." It faces deficits
in its budget, its balance of payments, its
savings — and its leadership.

"broken business model."?

Never was a business model. It's a non-profit
model, for everyone and when everyone loses they
eventually walk off the job.

Can ya blame 'em?

Will you be one of them?
...

After three decades in the business, Rivlin is
frustrated by lawmakers' inaction and blames
balanced-budget advocates for not better
articulating the problem. "There may be better
ways to talk about it," she says. "I sometimes
think, 'Where's Ross Perot when we need him?' "

Ah, The Great Blame Game then the Looking for a
Savior Game.

Empires don't work that way. Hubris and belief of
indestructibility is built in. The System thinks
it's immortal. Instead it eventually eats itself
- along with those who support it - and dies.

Like I've said before, there is no political
solution.

None.

Take a look at what a few more talking heads say.