Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
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
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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 ]


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