Where is the US economy headed?

Democratic pushback to a Wall Street giveaway hidden in a massive budget deal approached a breaking point Wednesday morning, with minority leader Nancy Pelosi casting doubt on her caucus’s willingness to support the omnibus bill unless Republicans agreed to remove the provision.

If the budget deal passed as-is, it would be a huge victory for big banks and would undermine recent attempts to protect taxpayers from the kind of risky financial bets that crashed the economy just six years ago. Congress must pass some kind of budget before midnight Thursday to avoid a government shutdown.

Citibank and other firms have been trying for years to weaken the Dodd-Frank financial reform act, which lawmakers passed after the collapse in an effort to stamp out endemic mismanagement and lax oversight in the financial industry. They’ve had limited success, largely by convincing regulators to delay implementation of some of the act’s provisions. But now Wall Street seems to have found the perfect vehicle for beginning to dismantle it in earnest: a giant budget bill that both parties are desperate to pass before the end of the week.

The rabbit hole goes much deeper than they show in this movie.

All the doco showed, was that the criminals got promoted to government roles, and the people got to pay for their gambling habits. Like most of the US "economy", the debt is getting kicked further down the road.

Cue CI claiming that debt is how any economy "works".

What never will be on TV net is that
'money' is created out of thin air! And then when you 'loan' money from the bank, you have to pay interest on it! Think about it! You pay interest on 'thin air'!

Plenty of docos out there about this facet of a fiat economy.

Then the next question becomes, what are you going to do about it?

What are you doing about it?

and a lot of very god alternative stuff.

You've been to Guyana? Careful with the Koolaid.

The god of money is called Mammon. Not a difficult thing to get right, but when you believe in shapeshifting lizards you're bound to screw up.

fully up to your usual standards of inaccuracy, I see, Quahog. The god of money and material wealth and greed is, in fact, Mammon. Moloch is usually identified only as a particularly odious deity demanding sacrifice of children burned alive.

Amd much as you are quick to call ad hominem at posts pillorying you, I notice that, again, you feel free to use an ad hominem against others.