America Pays the Piper

To understand how the United States got itself into today’s bailout mess, one has to look back three decades to the rise of Ronald Reagan, the neocons and the anti-regulators, writes Robert Parry.

After a 28-year binge of drunken optimism and blind nationalism – often punctuated by chants of “USA, USA!” and “We’re No. 1!” – Americans are waking up with a painful hangover, facing a grim “morning in America,” not the happy vision that Ronald Reagan famously sold them on.”

For the full story, go to Consortiumnews.com .

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