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Am I the only one thinking that someone with a few more letters in front of his or her name than I have should send those two bullet points as an LTE? Something along the lines of

Dear Sirs,

Over the past few months, the very people that for decades have explained to us that governments were incompetent and had to be shrunk had no recourse but to go to the government for money, guarantees and action when they drowned in a mess of their own making. From this, it would appear obvious that (i) governments play a valuable role and thus cannot be continually deprived of the resources they need to fulfil those functions, and (ii) those that consistently pushed an across-the-board anti-government agenda should perhaps now be recognised as shill extremists, rather than serious and worthy participants in the public discourse.

Further, it would be worthwhile to ponder what could be done with an investment of a trillion or so euros of public money in things like energy efficiency, public transportation, housing or poverty reduction. All of these things create massive positive externalities that benefit society as a whole, and would be especially helpful as we face the banker-caused economic downturn, collapsing real estate sector and high energy prices. If we can justify sending a trillion € down the rabbit hole to chase incompetent bankers that threaten to take us down with them as "investment", then we surely can actually invest in the economy in ways that will benefit all and not just a greedy few.

With regards,
[signed, etc.]

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Oct 14th, 2008 at 08:42:18 AM EST

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