Guest Post: The Corruption Of America

Guest Post: The Corruption Of America

Submitted by Tyler Durden on 12/20/2011 - 14:25 Andrew Cuomo Auto Sales Bear Market Bloomberg News Corruption CRB Department of Justice Fannie Mae fixed Florida Freddie Mac General Motors Goldman Sachs goldman sachs Gross Domestic Product Guest Post Henry Paulson New York City New York State Nominal GDP None Purchasing Power Securities and Exchange Commission Steve Rattner
The numbers tell us America is in decline... if not outright collapse. I say "the numbers tell us" because I've become very sensitive to the impact this kind of statement has on people. When I warned about the impending bankruptcy of General Motors in 2006 and 2007, readers actually blamed me for the company's problems – as if my warnings to the public were the real problem, rather than GM's $400 billion in debt. The claim was absurd. But the resentment my work engendered was real. So please... before you read this issue, which makes several arresting claims about the future of our country... understand I am only writing about the facts as I find them today. I am only drawing conclusions based on the situation as it stands. I am not saying that these conditions can't improve. Or that they won't improve. The truth is, I am optimistic. I believe our country is heading into a crisis. But I also believe that... sooner or later... Americans will make the right choices and put our country back on sound footing.