un-Pretty Future

It's Dad29's fault that I started reading Denninger, who writes:


Reality is that the promises made to people can't be kept -- they're mathematically impossible.  We continue to believe in that which cannot happen, and we also refuse to hold our politicians' feet to the fire and demand that our government's self-destructive behavior be stopped.


But we won't, will we, because doing so would require that we admit to ourselves that we've been living a lie -- we cannot have unlimited health care, we cannot have cost-shifting and scams where price disparities of 200,000% (that is not a misprint) exist between people who simply pay differently for the same drug, we cannot have a system where anyone can come into this country and suck up $1 million or more of medical care when they're not even a citizen of the nation and we cannot have a nation where anyone can do anything they want to their own person for 20, 30, 40 or 50 years and then send society an unlimited bill for the consequence that comes due to the actions of their own hand.


At the same time we lied to people in this regard and refused to force them to take responsibility for their own actions we also refuse to lock up people who lie, cheat, defraud and scam.  We won't demand prosecution of banksters who rip off over a half-million people with sewer bills that are 400% what they were a few years prior when they rigged a deal including the use of outright bribery, even when the bribery is proved and some local officials go to prison.  We also won't demandthat the banksters who profited from that crooked deal eat the 400% increase in local sewer bills instead of the taxpaying public being saddled with the costs of that criminal behavior.


Read the whole column. Not pretty what's coming. For any of us.