'Here’s where we’re at folks. The end of the line.
'“The end of free-market capitalism”
'I’ve heard it called.
'“The sub-prime mortgage crisis”
'Some blame it on.
'“A global economic meltdown”
'Time for some major change.
'So, our entire way of life is exposed as a rickety, weak, hollow, card house that collapses in a heartbeat, so what do we do? We throw money at it! We actually try and prop this mangled, pathetic card house back up with the exact cause of the collapse!
'Kind of like tossing a bucket of water on a tsunami.
'Kind of like throwing a candle at a forest fire.
'Sort of the equivalent of throwing a snow ball at an avalanche.
'Bail outs? Our solution is bail-outs?!?! And regulation? But please, don’t get me wrong, the other side of the coin is just as, if not more retarded. Tax breaks and the same freewheeling market that got us here? Those are the only two “solutions” on the table. Let me give you a hint. They are both wrong.
'Here’s my solution. It’s time to re-think where we’re at and where we need to be going and what we need to do to get there. It’s time to realize that money got us to where we are, and it was helpful in doing so. The market pushed us to produce, innovate and it kept us waking up in the morning. It served a purpose at a time, but that time has long passed. And no government or bank or wall street finance expert or CEO will ever realize that. They will fight with every fiber in their being to defend the only thing they know. They will scratch and claw to keep themselves important.
'They are all irrelevant.' (Danny Mendlow article).
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