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Editorial: Economy requires long-term and short-term fixes?
Both quick stimulus, financial reforms are needed to deal with current downturn
Thursday, January 24, 2008
Story appeared in EDITORIALS section,
It's a time of reflection for many in the selfish western world but also the towers of democracy and of the free world. They have only begun to witness the great destruction that will fall upon them.
The economies will fall now. They will come up for a few more gasps of air, but this has been the fatal blow that will bring them down. There's still a little time left in which the economies will float above the crisis, but not for long. It's more as I said--they will be surfacing for gasps of air, but then submerging again, much as a drowning man who goes down longer and longer after each desperate gasp at the surface, until he surfaces no more.
Why you say? How else were they going to get the world to fall into their hands and beg for more restrictions that will keep them safe--but at the same time drive them deeper into the web of bondage that the Big-Business billonaire boys whose multi-billionaire corporations are booming because of these economic policies now have spun for them?
Ted Rudow III,MA