"What the Obama administration is doing is far worse than nationalization: it is ersatz capitalism, the privatizing of gains and the socializing of losses. It is a "partnership" in which one partner robs the other. And such partnerships - with the private sector in control - have perverse incentives, worse even than the ones that got us into the mess."
-- Joseph E. Stiglitz, 1 Apr 2009, New York Times
The financiers and bankers have built a speculative bubble. It can't be unraveled by the bartering of politicians. Speculators are far better at their own game. We cannot win. Don't throw good money after bad. Don't re-fund the same semi-skilled scum who've caused the problem.
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About Me
- Mindwatch
- Free Travels with Hawaiian navigation = No butt-kissing ... Voice of Bold Aloha. Non-corporate Wake Up difference from your lively cousin overseas.
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"One outsider, pissing in ..."
Original, often strident essays
(more await added courage)
My poetry is written under the penname Genki 元気 meaning 'original spirit' or healthy/happy