JPMorgan owes a lot more than 13 billion
Chunk of change, compared to the billions the US government sends down the toilet _every_ _single_ _day_. I'm not saying that makes it OK, but we should start looking at the real problems instead of the smoke and mirrors talking points.
Exactly right. That is the perfect place to start. Suddenly the echo of ideologues' mantras drown out the silent uncertainty that we all must feel as we look at the incomprehensible scale of 330 Million Americans and another 7 billion bound to our international trade agreements. I just have one question, how is that supposed to look in a perfect world? If this looks broken now then what does fixed look like? There is no ideology that can alter the current reality in any significant way. Not Paul Ryan, Rand Paul, Jesus, Buddha, or the Wizard of Oz. Not Reagan or Putin or Stalin or anyone has a fix for this. We are a growth oriented system on a finite depleted physical resource. Capitalism can't work if it hits a ceiling and can't grow. Neither can civilization, really. So we have a much bigger problem than ideological differences. We just can't seem to grasp the sheer enormity and breadth of the human population.
There are double the humans on earth today than when I was born. When I was born there were more humans alive on earth than had ever lived and died before. So when you think about it, economics is a quaint little past time that has no control over that reality. If the only way capital can provide for 7 billion is if we all are engaged in productive and profitable enterprise, with 0% unemployment 0% tax 0% debt 0% disease and suffering and 100% bought and paid for humanity with not even one deadbeat on earth, then how would that function? Wouldn't that be almost like how it is now, only nobody would owe anything to anyone? And isn't that just bad for business when you get down to it? How would wall street get ahead if didn't need to buy or borrow or steal? I guess my point is that success depends on others failure, or else no one has a distinct superior position. As soon as you think you've got a handle on ruling the world a bunch of angry villagers will eventually come to chop off your head. Rinse, lather, repeat. I think I have lapsed into gloomy nihilism. I better go listen to some Jimi Hendrix play the blues..