from The Real News Network.
Paul Jay interviews Deane Baker who is the co-director of The Center for Economic and Policy Research. Unfortunately, Jay and his guest seem to believe that the US managed elections can change anything. Otherwise the comments by Baker clearly indicate that the ruling class is following the theme expressed by Rahm Emanuel: "never waste a crisis", or something to that effect. In other words, the economic crisis is maintained precisely to do away with, or cut back, on Social Security, Medicare, etc. I have little doubt that the crisis was allowed to happen, in addition to bubble induced profits, precisely for this reason.