Why I like Jim Kunstler

The scathingly pessimistic proprietor of Clusterfuck Nation, a one-entry-per week tribute to the impending downfall of the American economic infrastructure, is at his best this week;

Zounds! Public sentiment toward the accelerating economic fiasco has shifted, seemingly overnight, from a mood of nauseated amazement to one of panicked grievance as the United States moves closer to an apparent comprehensive collapse — and so ill-timed, wouldn’t you know it, to coincide with the annual rigors of Santa Claus. The tipping point seems to be the Bernie Madoff $50 billion Ponzi scandal, which represents the grossest failure of authority and hence legitimacy in finance to date in as much as Mr. Madoff was a former chairman of the NASDAQ, for godsake. It’s like discovering that Ben Bernanke is running a meth lab inside the Federal Reserve. And out in the heartland, of course, there is the spectacle of Illinois governor Rod Blagojevich trying to desperately dodge a racketeering rap behind an implausible hairdo.

Read the whole thing.

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  1. #1 by Comrade PhysioProf on December 23, 2008 - 6:02 pm

    Yeah, I always read Clusterfuck Nation every Monday morning to make sure I choke the motherfucking life out of any upbeat mood I may have accumulated over the weekend.

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