By Ben Cohen
Chris Hedges believes the financial crisis is so dire, the American dream is officially dead:
At no period in American history has our democracy been in such peril
or has the possibility of totalitarianism been as real. Our way of life
is over. Our profligate consumption is finished. Our children will
never have the standard of living we had. And poverty and despair will
sweep across the landscape like a plague. This is the bleak future.
There is nothing President Obama can do to stop it. It has been decades
in the making. It cannot be undone with a trillion or two trillion
dollars in bailout money. Our empire is dying. Our economy has
Hedges is somewhat of a pessimist, but he has been right about pretty much everything else so far. Depressing, yes, but probably true.