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Paul B. Farrell of MarketWatch posted an almost incoherent read entitled "America on the brink of a Second Revolution". Farrell was responding in a lash-out and slash gloomy-doomy sort of way to this excellent essay by Pete Morici, one seemingly written styled in nuance, but it obviously scared the sit-down-and-shit out of poor Farrell (who used the term ‘teabagger’ twice, no, three times without flinching or wiping; such usage is obviously a quick tell of a unhinged far-lefty).

What did Pete Morici post that put such a spur under Farrell's saddle? Morici... (emboldenings mine)

Americans needs a prophet — another Harry Truman or Ronald Reagan — who will level with them.

Americans must accept fewer government-paid benefits — for the rich,
the poor and those in between — and must acknowledge the market works
best most of the time but it isn’t working in healthcare, banking, China
and oil.

Those mean new approaches to regulating — yes, regulating — what the
medical industry charges, bankers pay themselves, what Americans
tolerate and buy in the Middle Kingdom and guiding big oil and car
companies to sustainable solutions.

Sounds radical but running the world has never been a choice between
statism and anarchy. And running it effectively accepts that the private
sector isn’t the enemy and government isn’t evil but neither can serve
the other, and us, if value isn’t seen in each.

Excellent points, for the most part. We have to keep check on our government, and by allowing out-of-control people in government and/or the finance sector to let their innate greeds run wild isn't working out so well. Well and good, Pete, so how are we to successfully staunch the flow of Big Government mated with the seductive hussy Big Greed?

From Morici's essay, poor old Farrell predicts a ’2nd American Revolution’ that comes in ‘stages’…

Stage 1: The Dems just put the nail in their coffin by
confirming they are wimps, refusing to force the GOP to filibuster the
Bush tax cuts for America’s richest.
Stage 2: The GOP takes over the House, expanding its war to destroy
Obama with its new policy of “complete gridlock,” even “shutting down
government.”

Stage 3: Obama goes lame-duck.

Stage 4: The GOP wins back the White House and Senate in 2012. Health
care returns to insurers. Free market financial deregulation returns.

Stage 5: Under the new president, Wall Street’s insatiable greed
triggers the catastrophic third meltdown of the 21st century Shiller
predicted, with defaults on dollar-denominated debt.

Stage 6: The Second American Revolution explodes into a brutal
full-scale class war rebelling against the out-of-touch, out-of-control
greedy conspiracy-of-the-rich now running America.

Stage 7: Domestic class warfare is compounded by Pentagon’s
prediction that by 2020 “an ancient pattern of desperate, all-out wars
over food, water, and energy supplies would emerge” worldwide and
“warfare is defining human life.”

Seems both of ‘em are together on that one important realization: there’s really no sane way out of this, given our current government structure and the foreseeable future governmental makeups, and, left unsaid but implied by Mr. Morici, unfortunately, There Will Be Blood.

Revolutions just seem to work out that way.

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Oh, speaking of 'prophet', or more likely just a voice crying in the wilderness, a link to Sarah Palin speaking on Mark Levin's show. It was in comments to that pw post that I read Joe's link to the MarketWatch article by Farrell. Thanks, Joe, for that.

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