From todays NYT Editorial Section…

posted by Bill Arnett @ 1:36 PM Permalink

…comes this fascinating quote :

It’s clear that the Bush administration and Mr. Bernanke would welcome greater ownership of the nation’s financial institutions by foreign governments. That’s an effective short-term fix, and could conveniently avert a financial meltdown on their watch. But it also means a long-term transfer of a chunk of the future revenues of the American financial system to foreign governments.

So I reckon it won't be much longer until all our landlords and landowners will be Arabic or the Communist Chinese.

The Republicans didn't just sell out our economy with its reckless deregulation, it has sold, and is literally selling, our country right out from under our feet.

Has anyone every tried to evict the citizens of an entire country before? With Republicans there is a chance this could happen and give the Republicans the chance to "reduce the size of government until it can be drowned in a bathtub."

The main problem with this, of course, is that it will cause the baby (Americans) to be tossed out with the bath water.

So it's time for us all to accept, "…it also means a long-term transfer of a chunk of the future revenues of the American financial system to foreign governments."

And we have the Republicans and bush to thank for this mess.

Labels: Bush, capitalism, Conservatives, conspiracy, corporate greed, Economy, foreign policy