**Posted by Phineas
Writing on the rolling global financial crisis, the Diplomad shakes his head at the foolishness reigning in the US today:
The western world continues on a totally unnecessary suicidal path. What was once common sense is no more. Everywhere one looks, the insanity is evident: The refusal to deal with real issues and the insistence on taking up marginal or even totally extraneous issues instead is stunning. Here in the USA, our economy remains stagnated for no logical reason. Instead, for example, of freeing up the exploitation of our vast fossil fuel resources, we continue to push money at phony green industries, throw road blocks in the way of our private sector’s ability to get those fuels, block importation of fuel from our friends in Canada, and blather on and on about discredited, voodoo science global warming. Our leaders rulers take lavish vacations on our dime, push ruinous tax and spend policies, including the criminally destructive Obamacare, and avoid cutting even a bit of our bloated spending. A hypothetical “threat” to reduce ever so slightly the rate of growth in spending is declared disastrous and the equivalent of a nuclear attack.
Well, when you put it that way…
Instead, we allow ourselves to waste our energies on issues of far less importance, such as same-sex marriage (1) or “assault weapons bans,” or whatever false crisis the left raises to distract us from their near-criminal mismanagement of the nation’s affairs.
And the truly frustrating this is that it often works. At least for now, common sense is truly dead.
Read the rest for a discussion of Europe even-worse state and for an explanation of how the Greek banking crisis lead directly to the Cyprus bailout.
(1) My apologies to supporters of allowing same-sex marriage (I’m one, too), but I simply do not believe this is one of the crucial issues facing our country, today. Not when our national debt is astronomical (and growing), our national borrowing to support out of control entitlements resembles a heroin addict needing his fix, Islamic jihadists want to reach paradise over our corpses, and crazed dictatorships that hate us are desperately seeking nuclear weapons. There are far, far more important things demanding our attention as a nation.
(Crossposted at Public Secrets)