Monday, October 27, 2008

Whoopsie, Sorry About Your House and Retirement

Anyone following the news of this whole economic crisis by now knows that Alan Greenspan, that financial "genius" who would ensure us endless growth and prosperity, has now admitted he was wrong. It turns out this genius is just now figuring out that completely un-regulated markets directed by the greed of executive boards of major corporations will not lead to the greatest good for everyone. It's funny because I learned this in college, but maybe Greenspan's undergrad institution wasn't quite as prestigious as the University of Northern Iowa.

But that's why it must be great to be a powerful capitalist. Because even when you fuck up the world's economy using logic a child could see through, you get to just kick back and say "Whoops. Sorry about ruining the lives of thousands of people and all that. Well, it's back home for me to count my giant piles of money."

Man, nice work if you can get it...

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