Tuesday, May 25, 2010

Treasury Secretary Continues Washington's Orwellian Doublespeak After Meetings With China This Morning

Bad is good. Black is white. Trade balances are improving. America learned from its crisis. And of course, Geithner praises China on currency reform. Baaahaaaa. Geithner's public statements after meeting with China's officials were generally distorted Orwellian doublespeak. In other words, outright misrepresentations of reality.

Let's see what other doublespeak our Washington overlords have shared with us recently. The economy is improving. Jobs numbers are encouraging. The wars in Afghanistan and Iraq are keeping us safe. The worst of the Great Recession has passed. The consumer is back. Cutting pensions and benefits is good....Decent benefits and wages are bad. (The public sector is now getting the same shaft the private sector got 10-15 years ago. And the mainstream media and status quo is accomplishing this by whipping up the ugliest of human emotions and the greatest of the seven deadly sins - envy.) Public sector wages have to adjust for one primary reason. We can't all work at Wal-mart with no pension or benefits and support people with a living wage and benefits. Mark my words, adding economic uncertainty to another 21 million government workers is going to have a profoundly negative effect for all Americans and the economy. (Public sector pensions, while out of control recently, again due to Wall Street's con game and glad-handing politicians giving away other people's money, need to be adjusted back into line with reality. But if we don't fix the economy, there won't be any public sector pensions. Period. They'll lose their defined benefit plans just like the private sector. And just like Social Security recipients are going to lose their benefits if we don't fix the economy.)

And, (drumroll) the biggest con job of all is that the Congress just passed financial reform.
posted by TimingLogic at 7:16 AM