Tuesday, December 18, 2007

The greed market and the growth deception

Over at Outraged Citizen, I have presented a laywoman's perspective on the current housing crisis as only the latest example of how the "free market" over the past sixty years has been a predatory market, how it is destroying the middle class, and how the measurement of "growth" in the economy is a decptive indicator of the health of our economy as well as our democracy. Today's free market lures Americans into buying things they cannnot afford on credit, and then penalizes them when they cannot pay:


If the "free market" has become nothing more than a market to make the rich richer, while using and abusing the poor and working classes in deceptive financial proposals they don't understand and shouldn't be expected to understand, tempting and luring them into wanting the things the upper class and upper middle class can afford, convincing them they "deserve" these things, and offering them creative ways to possess them, only to penalize them later because they could never afford them in the first place, then it is a market controlled by powerful, unconscionable forces that threaten us all. It is a market that is neither "free" nor "fair." It is a predatory market, a market that could eventually crush the middle class.