stepping into the elevator, "going down?"

anon 2 wrote over at calculated risk

"The standard of living of US citizens has only begun to fall. Their standard of living will continue to fall until it meets the rising standard of living of the developing countries. Not a pleasant prospect."

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so very true

and the american people are very unlikely wake up from their indolence until it is far too late...maybe its far too late already

but our leaders and the fourth estate are culpable

the news media has been captured by the oligarchs

proof

last night at 11pm pac time not one of the 5 major media outlets, not fox, not nbc , not cbs not abc and not public media (news hour etc) was reporting on their web sites front pages (and maybe nowhere..i couldnt find it)

that 4 banks had failed that day, two of them multi billion dollar banks...amazing, while all manner of garbage news stories made the cut