It took quite a while (and a few angry phone calls to customer service reps), but I am finally a functioning member of society again with working internet, cable, and phone! Unfortunately, I have also been able to catch up on the glorious financial state of our country over the past 24 hours or so. Although you are probably tired of hearing about our country's financial woes, check out this depressing (yet highly) entertaining passage from an article published in the UK."Try a different take. Yes, the West’s financial infrastructure is in severe distress. Yes, more banks are going to crumble. Yes, there will be a recession. But allocating $700bn (it would almost certainly turn out to be more) to a clean-up programme for toxic assets, in effect socialising the poison of private greed, has no merit other than to delay the inevitable. No amount of federal cash can rewind the X-rated horror video."
Sadly, I agree. My economics guru and buddy Jeff also seems to agree. And, have I mentioned that if I wanted to live in a socialized country I would MOVE?
Sorry to beat a dead horse. As a peace offering, visit this link for a free cookie!
1 comment:
Sweet. Thanks for the cookie!
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