and speaking of trillions....
remember way back when, and those happy days when Nancy and Ronnie, her boy toy finger-puppet were styling up the White House?
there was dust in the wind, freebirds on the wing, freedom in our hair and the Gipper and his monkey gang set out to rewire America.
Milton Friedman rose to become pope of the New Church of Greed by leading the once-enslaved Market to freedom. Once the Market was free, so the legend foretold, benefits aplenty would trickle down, like a gentle rain from heaven, all over the rest of us.
well... that was the idea anyway... or at least the cover story.
alas, all good things including even the very best fairy tales, have to come to an end...
now, you can't hardly find a banker or a broker or an investor that isn't screaming blue bloody murder demanding that the goverment start interfering life crazy in the market , and not once upon a time but right now and backdate the cheque while you're at it.
they don't want just a little bit of interference, they want a full court press.
there's a new game in town...
i guess if nothing else, one has to tip the cap just a little to these boards and CEOs and CFOs and the rest who have translated both greed and privilege directly over to a bizarre new kind of socialism...
where banks get nationalized, and entire industries get big fat cheques... and the people who pay for it all get SFA while the ones who made it happen hold on to their stock options.
i find myself wondering what Marx or Trotsky might have said about this. i also find myself wondering what Henry Ford would say, or J.P. Morgan...
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