Disintegration of the Illusion

I've been meaning to write something about this long-coming economic crisis we find ourselves in, but things have moved too quickly for your slow-writing, time-crunched blogger. But I like what k-punk says here:

"What we're seeing is not the collapse of capitalism, but the disintegration of the illusion that capitalism is about the untrammeled free market."

Yeah.

And, regarding the $700 billion figure, this quote was priceless:

"It’s not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."

See also, among many other worthy items, the following: Michael Hudson at CounterPunch (on the insanity of the giveaway plan), Richard Estes at American Leftist, Naomi Klein at The Nation (article is from July, about "Obama's Chicago Boys"; link via Matt Christie), Cassiodorus' Daily Kos diary suggesting "Maybe we can call it 'late late capitalism' now?". . . . so many others, too numerous to collate or summarize, etc. . .

Meanwhile, Lenin reminds us not to forget about recent American strikes in Pakistan, expanding the illegal, immoral, ineffective, total bullshit war of terror.