Guardian Blog: GolemXIV comments on recent articles

This blogger is on my favourites list - always insightful. Page takes 20secs to load up.
Everything written in this newspaper, by all the journalists and by the editorial writers is from the point of view that what HAS to happen is to get spending started again. Get money into the system. If the banks won't do it by spending/loaning then lets get the consumer to do it by tax cuts ( which is just Bush's stimulus checks by another name.)
Every word written here ignores utterly, never mentions at all, the possibility that the real problem is the outstanding cliff of bad debts. No one is willing to write a word about how that debt is what is stopping the financial sector from being able to do its job. No one wants to say that even big firms have to go bankrupt.