Display:
As we've seen over the last 18 months, the speculators will burn themselves without government intervention.  The trick is to stop the goddamn politicians from bailing their asses out.  If Goldman-Sachs had been allowed to go under we wouldn't be having this now.
by ATinNM on Tue Feb 9th, 2010 at 02:28:16 PM EST
Amen to that.

I do wonder if Goldman Sachs will try to get their satisfaction from the US government though, and whether Obama will let that happen again.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Tue Feb 9th, 2010 at 02:37:05 PM EST
[ Parent ]
A rhetorical question, I presume?  The White House will diaper GoldSacks like a newborn babe.  Obama talks the talk, but I think he's incapable of walking the walk.  Do not expect the US to break the too-bigs-to-fail.  The rest of you will have to impose it.
by rifek on Sat Feb 13th, 2010 at 10:28:12 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Clipping the wings of a judge
by Migeru - Feb 10
42 comments

Sarkozy: Enemies Ahoy!
by afew - Feb 10
27 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
9 comments

Bristol Pound
by ChrisCook - Feb 7
14 comments

Recent Diaries
Sarkozy: Enemies Ahoy!
by afew - Feb 10
27 comments

Clipping the wings of a judge
by Migeru - Feb 10
42 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
9 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
48 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

More Diaries...
Occasional Series