I don’t necessarily agree with everything Chris Hedge says here. But, it is a good read and deserves attention to the underlining issue. Can America to afford another bailout? Perhaps a better question: can we afford not to bailout? Or, does it depend on the company or institution?
Will the American public passively permit another massive bailout of the banks? Will it accept more punishing programs of austerity to pay for this bailout? Will a viable socialism rise out of the economic chaos to halt further looting of the U.S. Treasury and the continued reconfiguration of the economy into neofeudalism?