Paul B. Farrell: Zombie America vs. China’s Zombie-Eaters 2020

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By Paul B. Farrell, MarketWatch


SAN LUIS OBISPO, Calif. (MarketWatch) — “Zombie Economics: How Dead Ideas Still Walk Among Us,” could easily have been entitled “Zombie Capitalism.” Why? The book is all about undead Reaganomics zombie-isms like “trickle-down” that nearly destroyed the American economy in 2008.

Now that same Zombie Capitalism is being resurrected by the Goldman Conspiracy of Wall Street Banksters and their new partner, the GOP Tea Party of No-No. Yes, folks, America’s self-destructive Zombie Capitalism has once again returned from the mausoleum of toxic undead ideas.

But this was so predictable. As Naomi Klein, author of “Shock Doctrine: The Rise of Disaster Capitalism,” warned: “Free-market ideology will come roaring back when the bailouts are done, and the massive debts the public is accumulating to bail out the speculators will then become part of a global budget crisis.”

Get it? The Zombie Capitalism of Reaganomics couldn’t kill us during the dot-com crash or subprime credit collapse, but now Zombie Wall Street is shooting for the “Third Meltdown of the 21st Century.”

Wait, an even better title would be, “Zombie America.” Why? America is not only enjoying Halloween, the great celebration of the undead, but in our election madness we also created a historic trick-or-treat, with invisible monster billionaire backers, ghoulish politicians and blood-sucking vampires emerging from graves in foreign sovereign nations to poison our souls from within. ..............(more)

The complete piece is at: http://www.marketwatch.com/story/zombie-america-vs-chinas-zombie-eaters-2020-2010-10-26