My man Glenn Greenwald has a scary piece on Salon today about the total lack of debate on what our corporate overseers are planning to do to fix this economic debacle:

The Federal Government now controls what were — up until last month — vast private assets. These are extreme — truly radical — changes to how our society functions. Does anyone have any disagreement with any of it or is anyone alarmed by what the consequences are — not the economic consequences but the consequences of so radically changing how things function so fundamentally and so quickly?

Other countries are debating it. The headline in the largest Brazilian newspaper this week was: “Capitalist Socialism??” and articles all week have questioned — with alarm — whether what the U.S. Government did has just radically and permanently altered the world economic system and ushered in some perverse form of “socialism” where industries are nationalized and massive debt imposed on workers in order to protect the wealthiest. If Latin America is shocked at the degree of nationalization and government-mandated transfer of wealth, that is a pretty compelling reflection of how extreme — unprecedented — it all is.

Right? Weren’t the neocons the ones who wanted to “drown government in the bathtub”? And now they’re handing the private sector over to the government? Is there a term for socialism that is completely unconcerned with the social good? This isn’t socialism, it’s onanism.

What the HELL is going on here?!? And why have I become so distrustful of the people in charge that it feels like they engineered this disaster to happen at exactly this moment?

Update: Huffington Post has an excellent Q & A with a financial writer that really drives home the point that we should be majorly concerned with what our government is about to do. Read it!