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IMHO, the most valuable thing that can be done now is to spread an understanding of the damage that the current set of ideologies and policies have wrought, how self-serving they are for those who promote them, and how essential it is for them to be replaced to ameliorate the damage that remains to be done and put us in a position to begin rebuilding.

We are being hit by a financial hurricane.  The response is like that towards Katrina.  Turning away from the ugly truths on display only gives the shock capitalist boys and girls more scope to operate.  Paralysis by revulsion only abets those to whom revulsion is not possible--the sociopaths who have been in charge.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Jul 18th, 2008 at 02:53:17 PM EST
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I agree on the "make the information available" bit anyway. What gives me afterthought is the "it's going to be hell" bit...

What I'm feeling more comfortable is: what's happening is  due to washington consensus policies during the last thirty years, now, if you don't want it to continue the same way, costing money to everyone, it's regulation time, and let's keep at it.

by Xavier in Paris on Fri Jul 18th, 2008 at 05:51:26 PM EST
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I think that, at best, there is an OPPORTUNITY to begin discrediting their anti-regulatory, "free market," "freedom of the individual" rhetoric.  My concern is that there will not be a sufficient response to that opportunity to carry the day in many or any of our countries.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Jul 18th, 2008 at 07:23:15 PM EST
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