Karl is usually pretty interesting to read and often very right on, but he keeps having this delusion about Obama, that somehow he will do the right thing. (He admits to being an Obama voter)
He apparently doesn’t get that Obama not only won’t do the right thing (by implementing any of the 7 points), he is actively causing and wildly cheering on the destruction of the country every single day.
By the way, if we are forced to bail out Greece, it should be war.
He acts as if the “banksters” are the source of the problem. Yes, they bought their politicians. But the big problem is that the politicians have enough power to make them worth buying.
The problem is not that greedy people take advantage of a large and powerful government. It is that we HAVE a large and powerful government. Inevitably, a large and powerful government will become corrupt.
The solution is to radically reduce the power of the government. Folks are less likely to buy off not-powerful politicians. And then it doesn’t matter so much when they do get bought off—they don’t have enough power to mess much up.