Friday, September 17, 2010

COFFEE BREAK 199

+ updated at 11:18am ESDT on Friday, September 17, 2010

+ Alternet offers "This Country Just Can't Deal with Reality Any More" by Robert Parry of Consortium News.  He asks: "But how did the United States of America get here? How could the most powerful nation on earth with a sophisticated media that is constitutionally protected from government censorship have stumbled into today’s dreary place filled with such up-is-down commentary?" I agree with his answer.

+ AlterNet offers "300 Economists Warn That Deficit Hysteria Is a Big Con That Threatens to Drive America into a Full-Blown Depression" by Joshua Holland. Excerpt: "In a conference call with reporters organized by the Campaign for America’s Future, the experts warned that the American economy now stands at a crucial juncture. They acknowledged that public debt is mounting, and presented a choice of two different paths to right the ship: imposing fiscal 'austerity' today, in the midst of the most serious downturn since the Great Depression, or investing in the American economy -- with public spending over the short term -- in order to grow our way out of the red ink."

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