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"the end of the rule of law and/or legal security around property records in the US?"

All well and good for a rational person trained in physics and math to think that, but there's a better than even chance you're underestimating the prejudices and corruption inherent in the US "justice system."

Property rights may be more "sacred' in the US than anywhere else (pointing to exactly what's wrong with the civilization as a while), but me bets they're more sacred for financial engineers who own the government than for pigmented people who were sold a bill of goods.

Though it will be interesting to see how Geithner deals with the next Dust Bowl.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Thu Oct 14th, 2010 at 03:32:12 AM EST
[ Parent ]
Grumble.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Thu Oct 14th, 2010 at 04:46:40 AM EST
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