I disagree that the writer of this article is being a fear mongerer. The points that he brings up are valid. There is a huge wealth disparity in this country and it is clearly evident to those that wish to see. I would like to see these points get refuted, if even possible. The United States is at the onset of a major currency crisis. The prices of gold and silver have been steadily climbing every single day as the dollar is losing its value. This may be a tough pill to swallow but this country is broke. Yes, B-R-O-K-E. We are running huge trade deficits due to our inability to produce and export goods. This country has become a nation of consumers. All of the money the gov't is spending is either being borrowed from overseas (namely China) or is being printed by the Federal Reserve, which is causing the current dollar devaluation. Massive bailout and war spending further exacerbates the issue. I don't see how they can fund the health reform program without increasing taxes and making cuts. This type of spending simply cannot sustain any longer. This recession is unlike any other the country has ever seen. Unfortunately, it will get worse.
America has played against the laws of nature with their credit/interest-based monetary system and it is now falling apart. People think this cannot happen to America because we are "land of the free, home of the brave". But why not? No nation can escape the laws of God, not even the United States.
As far as capitalism being the ruin of this country, I must respectfully disagree. The blame has to be placed on corporatism and not capitalism. Giant multi-national corporations have bought off the gov't and essentially interfered with the free market system. There is too much government regulation and involvement in the financial system that it has caused a tremendous imbalance in the free market. In a capitalistic free market system, businesses are allowed to freely compete with each other in offering products and services and this allows for better quality of those products services at cheaper prices. See really don't see much of that today. When gov't gets involved with its rules and regulations it throws off the entire system. Unfortunately, those with the big money spend billions on lobbying and influencing politicians for their own greed. I can say more on this subject but I will put it in a nutshell.
By the way, I wouldn't suggest getting news from the newspapers or television. They are all controlled media run by a small handful of companies with their own special interests. They feed nothing but half-truths, lies, and deception to the American public to keep them unaware and blinded from the real issues. If we want to change course we have to start opening our minds and wake up to the reality around us. Reform ourselves, follow the great wisdom in the Quran, and only then can we make deep progress.