Sow The Wind, Reap The Economic Whirlwind
A number of significant economic statistics were announced yesterday: inflation hit a 71/2 year high; consumer earning power declined 3 1/2% from last year; and home foreclosures rose 55%. Fueling these economic fires has been the soaring cost of the Iraq war and occupation. Using credit cards, American taxpayers bought huge amounts of stock in Corporate America‘s colonization of Iraq. …