Socialist America, Part 2 ... The Joker's Wild! (Paul B. Farrell)

Created by : Airlight View profile

Chinese Poster

Solution: Cure Wall Street's hangover with this 12-step intervention

ARROYO GRANDE, Calif. (MarketWatch) -- Dark Knight. Gotham City. "I am the agent of chaos," says "The Joker," the perfect metaphor for a binging alcoholic. "The only sensible way to live in this world is without rules."

{xtypo_quote_left} Seriously, if you put $10,000 in the market in March, 2000 when the Dow peaked at 11,722, you've lost half your nest egg, adjusted for inflation. Wall Street's greed and drunken binge has distorted basic conservative principles, costing America hundreds of billions the past eight years. Solution: Forget the stock market. Read "The Millionaire Next Door." Build your own business. Buy real estate. Anything to avoid Wall Street. {/xtypo_quote_left}

Yes, he wants free trade, deregulation, privatization and globalization. The Joker imagery mirrors today's world: America in chaos. Democracy in chaos. Capitalism in chaos. And Wall Street at the epicenter. Listen:

"There is no question about it. Wall Street got drunk," said President George W. Bush recently as he blamed America's economic crisis on an out-of-control Wall Street. "It got drunk and now it's got a hangover ... The question is how long will it [take to] sober up and not try to do all these fancy financial instruments."

Brilliant diagnosis! Dr. Bush not only exposes Wall Street's underlying psychological and moral defects. He not only warns us of a new Wall Street disaster dead ahead (real drunks rarely change). He makes clear why American capitalism is turning into a socialist economy.

On the breathalyzer, Wall Street's way over the legal limit, on a raging binge, overdosing on greed, its drug-of-choice, spreading global financial chaos. Wall Street's "greed-is-good" philosophy not only triggered the subprime/credit meltdown that Dr. Bush sees, the irony is that Wall Street is also the epicenter of today's crisis in conservative free-market capitalism ... and the cause of America's new socialist economy.