Nobody wants to put taxpayers on the hook for the financial industry’s follies.Um, excuse me? I think a lot of people have been basing their careers and the strategies of their companies on exactly that. What else does 'privatize profits, socialize risk' mean? When 'nobody' includes every strategic decision maker in finance, and every financial policy maker in the Bush Administration, I think you're stretching the concept, somewhat.
Arkadyevitchizing America since 2006
By the time you panic, it is way too late -- Lee Raymond, New York Times, July 6, 2008
Every gun that is made, every warship launched, every rocket fired, signifies a theft from those who are hungry and not fed; from those who are cold and not clothed. This world-in-arms is not spending money alone; it is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. Dwight D Eisenhower, 11/16/53
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