If you want to understand America’s dangerously deepening travails, you have to start at the Eccles Building.
After a 30-year rolling coup d’ etat, its occupants have imposed a toxic regime of destructive fantasy and falsification on America’s entire financial, economic, political and social life; it has become the heart of a mushrooming darkness that is taking prosperity, liberty and democracy down for the count.
After all, how do we get all at once 50 million unemployed, the stock market at record nose-bleed levels, companies trashing their balance sheets to buyback stock and do vastly overpriced M&A deals, a camarilla of doctors and politicians savaging the economy and the livelihoods of millions and Washington going flat-out incontinent on the fiscal front?