Chris Hedges......
"So we have a popular uprising through the Occupy movement where people pour into public spaces to express legitimate grievances--student debt, the next bubble to go down, $1 trillion in debt, which we now saw, courtesy of our Congress, debt rates, you know, interest rates will actually go up in a couple of years, I mean, more than if they'd just taken it from a bank. It's insane. And meanwhile the Federal Reserve is buying $85 billion a month worth of junk bonds and giving money at virtually zero percent interest to Goldman Sachs. I mean, it's insane. The failure to address the mortgage and foreclosure crisis, the failure to address the chronic unemployment, underemployment, which--I mean, half of the country now lives in poverty, including the working poor, or near poverty.
And what is the response? The response is to physically shut down the encampments, suspend unemployment benefits, cut food stamps, close things like Head Start. It's crazy. And that's what happens when you have an elite that is that unplugged, and which our elite is.
So they will push and push and push myopically out of ignorance until something erupts. And that's exactly where we're headed."
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