Today’s link is to an article quoting a number of dignitaries, including a Nobel Prize winner (no, not Algore) with sobering statements to make as to where we have been and where we may be going regarding the economy.

Here is the link to the whole article:

http://abcnews.go.com/Business/economists-warn-financial-us-economy/story?id=9990828

Consider the following quote from the article:

The report blasts some of Washington’s key players. Johnson writes, “Our government leaders have shown little capacity to fix the flaws in our market system.” Two other panelists, Simon Johnson, a professor at MIT, and Peter Boone of the Centre for Economic Performance, voiced similar criticisms.  Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner “oversaw policy as the bubble was inflating,” write Johnson and Boone, and “these same men are now designing our ‘rescue.’”

Actually, it comes as no surprise that these two guys are the equivalent of the foxes being put in charge of the hen house.  The following link reveals that the business related experience in the Obama cabinet is less than 10%:

http://weekendpundit.org/2009/11/obamas-cabinet-private-sector.html

Folks, here are some prominent, well-respected individuals that are saying what many of the ‘fly over country’ commoners have known all along.  The real question is: will it make a difference?

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