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If the system is rotten it can not recover until the rot is cut out.

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I have said for some time that the recovery we are now seeing is unsustainable. The recession was a result of rot in the system and major inefficiencies in the economy (think parasitic behavior). The economy has been reflated on a wave of freshly printed dollars and debt. Unfortunately very little if anything has been doe to cut out the original rot. Attempts at reform have been limited at best and overall, pretty much totally ineffective.

We now know that there was no desire within the Attorney General's office to actually prosecute those behind the collapse (and yes ... there bloody well was fraud and illegal behavior). The general attitude from the president on down was "let's move on", "nothing to see here". And as a result a sustainable recovery will remain illusive.


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