America: A Banana Republic With No Bananas

Excerpt:

let’s look at Wikipedia’s description of the four factors which make a country a banana republic.

• Profits Privatized and Debts Socialized
• Devalued Paper Currency
• Politicians Use Time in Office to Maximize Their Own Gains
• Corruption Remains Unchecked, Politicians Are Only for Show

http://www.nakedcapitalism.com/2010/04/guest-post-a-banana-republic-with-no-bananas.html