Monday, November 24, 2008

New York versus Detroit

TRUST NO ONE IN NEW YORK

I hope people who live in the heartland recognize how quickly Secretary Paulson bailed out his banking buddies at Citigroup, yet won't approve a bridge loan for companies which actually produce goods-- not just paper-- and are the backbone of this nation's industrial strength.

Too much power, of all kinds, has been concentrated in New York City-- including with print media and publishing. I'll say again and again: decentralize. Decentralize!

(The last twenty years has seen a transfer of wealth from working people to the rich; from middle America to the east coast. The government is now accelerating this.)

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