On the one hand, I know the question itself is rather trite. But we have to look at what is going on in wonderment and dismay, because if the precepts of capitalism (as I understand them) still exist, then the very thought of our government (and thereby every working citizen of this country) paying for [...]
Posts Tagged as ‘accountable’
November 13, 2008
Does Capitalism Still Exist In America?
Filed under business, finance, life, philosophy
Tags: accountable, AIG, America, ass-saving, bailout, bailouts, Big Three Automakers, capitalism, CEO, Chrysler, Congress, conservative, corporate narcissim, corporate pirates, democrat, deregulated, deregulation, die, Ford, free-trade, George W Bush, GM, liberal, libertarian, moderate, monopolies, monopoly, Nancy Pelosi, obsolete, perks, president, progress, sanction, small business, solvency, solvent, tax, upper management, W
October 24, 2008
Greenspan’s Folly
I’ve read the following article written by Martin Crutsinger and Marcy Gordon regarding the questioning of former Federal Reserve Chairman Alan Greenspan by Congress’ House Oversight Committee. Here is one link to the article: http://www.baynews9.com/content/9/2008/10/23/395306.html?title=Greenspan%20denies%20blame%20for%20crisis,%20admits%20’flaw’ there are several other news organizations similarly quoted.
“”Greenspan, 82, acknowledged under questioning that he had made a “mistake” in believing that [...]
Filed under business, family, finance, life, philosophy
Tags: business, economy, Alan Greenspan, finance, morals, ethics, economics, banking, decency, honesty, morality, stockbrokers, Exchange, greed, avarice, cynicism, farce, corruption, blame, responsibility, underwriter, loan broker, title company, mortgage company, bank, banker, banking industry, shareholders, philosophy, naive, moral decay, corrupt, fraud, free market, decay, social narcissism, Golden Rule, ethical behavior, accountable, accountability, consumer, John Q. Public, right, obligation, closing, property, terms, shepherd, flock, sheep, wolf, advocates, broker, stock broker, power, politics, Uncle Sam, Youtube, MLM, multi-level marketing, rancid, ingredients, get real, folly