The $55 trillion question

By Pepe Escobar

WASHINGTON - Before this - thankfully - last United States presidential debate, Republican candidate Senator John McCain had promised "I'll whip [Barack] Obama's you-know-what". Well, he whipped nothing. He told Americans he was not President George W Bush. And then he presented himself as Joe the Plumber - a new working class heir to vice presidential candidate Sarah Palin's Joe Six-Pack. And then he got "hurting and angry". And then he lost the plot. Independent voters duly took note - and awarded one more debate to Obama. Three to none. Game virtually over.

Obama - always cool and calculating, carefully hedging his bets - still refuses to stare America in the face and admit that the real economy will tank, and the resulting mass unemployment will be proportionally as devastating as during the 1930s.