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  • ...And I Could Do Better Than Lieberman [View article]
    You know what? All this high and mighty talk about letting free markets be free is lovely, but as soon as the heavy losses come down, it's "Oh help us!" from everyone. Everyone involved in the S&L meltdown surely decried regulation - "There's a boom, you see!" And Enron and Worldcom, and Bear Stearns? "There's money to be made, get out of our way!" But once it all goes south, who pays? Uh uh. Taxpayers. Shareholders. Employees.
    What the free-free-free for all marketers forget is that there is social compact involved. People suffer as a result of their greed. And other people pay for their mistakes. Innocent people. People who will never even know why they are suffering and dying. (And with food on the block, it WILL be dying, now).
    But anyone with a real concience should know. Uncontrolled greed has consequences, and it's rarely good for anyone.

    HM
    Jun 15 01:24 am |Rating: 0 0
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