China begins to take control of U.S. banks.

[cladking]

Pretty frightening.
WTF was the Fed THINKING?!?!

China has lots of money, little debt, an unbelievable trade surplus and some think that the Chinese Renminbi will replace the US Dollar as the world's standard, just as we replaced the Pound Sterling.

Last one out, turn off the lights please?

I hate to say it but it's been over since Reagan. All that was left then was a dying corpse and he threw it to the wealthy vultures to tear to shreds as they pleased.

It's been over since education failed in the early '60's and the military industrial coup that no one cares about. Carter gave away the last hope in the name of lifting the rest of the world after Nixon and Kissinger had set up the ascent of China.

It's all about money and power and always has been. It's always been run with smoke and mirrors but the ability to make wealth might never have been stripped from people outside of war before. Meanwhile most people don't even realize there has been a basic fundamental change. We aren't adapting to the change and our systems, infrastructure, and industry become increasingly wasteful and uncompetitive.

On the more positive side it appears we might finally have turned the corner on infrastructure problems. They might be manageable.