QUESTION: Why is the current recession different from past financial crises?
We have a seismic shift here. This is not an ordinary depression – recession – call it what you will. This was a created financial catastrophe. The thing that might be difficult for some people to deal with – to confront – is the fact that it was created. And that’s a matter of really looking at the research. It’s actually a matter of looking at what occurred. Not listening to all the talking heads.
‘Cause CNN, MSNBC, FOX – it doesn’t make any difference. They’re full of people with opinions. But opinions and $3.25 will get you a “Grandé Decaf Latte” at Starbucks. What you have to do is look at what’s occurring, what’s actually occurring. And the fact of the matter is, is that the fiscal autonomy of the United States has been not only compromised, but has officially been dished off to another international agency.
