It’s now clear that our credit system the world over was rotten all the way through, a giant house of cards maintained by the ingenious connivance of banks, rating agencies and insurance companies in a monumental heist. The only buyers anyone trusts any more are governments.This is what happens when you leave capitalists solely to their own devices. Imagine spreading this philosophy to other sectors like for example, food processing. Oops, we don't have to imagine. We have already done that. Recommend this Post
No wonder Alan Greenspan says he’s in a state of “shocked disbelief.” He’s not the only one.
My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world. Jack Layton
Monday, October 27, 2008
The Ultimate Consequence Of Anti-Government Governing
Roger Cohen in the NY Times, today:
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