No Currency Left to Buy the Big Lies by John Cusack

[Whoa_Nelly]

http://www.huffingtonpost.com/john-cusack/no-currency-left-to-buy-t_b_140250.html

No Currency Left to Buy the Big Lies

As I contemplated the real possibility of an Obama victory and listened to right wing pundits revise history still unfolding, I thought of titles for this blog:

"Neocon Logic: This Statement is Untrue"
"The Modern Free Market System is False But a New Revelation Shall Come"
" They Would Feast on Themselves: All the Money's Gone, Nowhere to Go"
I decided on:
"No Currency Left to Buy the Big Lies"

<snip>
First the past: Senator McCain, Governor Palin and assorted surrogates are delusional and breathtakingly corrupt. They disgrace themselves and their country as they lie, smear, slur and write it off as political manner.

Yet the creeping truth must frighten them late at night: there is no currency left to buy the big lies.

There is no more money left to loan or borrow the big lies or to sell them. No more money left to pay off the debt, the wreckage in the wake. The orgy of excess has drained every bottle, smashed the furniture and left the cupboards bare. All that's left is derivative debts -- bets between liars and lies. Trillions of dollars. Turned capitalism into a Ponzi scheme for trading worthless paper. No real value anywhere. No matter how much money Ben Bernanke prints.

<snip>
(bold mine)So define the big lie: free marketers want free markets. Not so, the facts say. They are the biggest welfare freaks on the planet.

<snip>
Many believe economies must serve humanity and not the other way around. Economies must make a moral connection to the republic. Brace yourselves free marketers: the quality of economic and human transactions will have to take priority over money. Faith and hope have to manifest in the social transactions we make.

(bold mine)A new social contract could be coming based on a real currency my friend Kevin McCabe calls the currency of grace. It is a currency of economic fairness and institutionalizing concepts of shared responsibility; a currency based on the gold standard that every human has value and should be awarded respect and opportunity, the dignity that comes from human beings protecting each other from the values and ideals of a Darwinist world. Its spirit is in Keynesian economics, a mixed economy with regulated markets and social spending. In the new era, we must remove fundamentalist right wing economists as the high priests and kings. Their ideology will stay dead only if we remain vigilant and call things what they are. It's a battle for the idea of America and it's just beginning if Senator Obama becomes president.

We should worship God if we want to, not the markets.

R.I.P Studs Terkel.