[Peace-discuss] This is interesting!

[E. Wayne Johnson]

Alan Greenspan is to Laissez-faire Capitalist as Judas Iscariot is to 
Christian.

Neoconservativism sucks. 
The neocon logic is consistent. 
They believe in privatization of profits and socialization of losses.

LAURIE SOLOMON wrote:
>
> The laisser-faire capitalists  must have a special definition of their 
> own for nationalism so as to be able to promote it when it is in their 
> interests without lessening their condemnation when it is in the 
> interests of the ordinary man in the street.  I particularly like the 
> qualification "temporary" which I take to mean until you get the banks 
> to the point that they will be profitable for the corporate elite to 
> be given them back so that they can continue to acquire wealth for 
> their own private good. 
>
>  
>
> One only discovers how truly strange the rules of the neocon economic 
> world is when it fails and starts to come apart.
>
>  
>
>  
>
> Greenspan Backs Bank Nationalization
>
> http://www.truthout.org/021909N
>
> Krishna Guha and Edward Luce, The Financial Times: "The US government 
> may have to nationalise some banks on a temporary basis to fix the 
> financial system and restore the flow of credit, Alan Greenspan, the 
> former Federal Reserve chairman, has told the Financial Times. In an 
> interview, Mr Greenspan, who for decades was regarded as the high 
> priest of laisser-faire capitalism, said nationalisation could be the 
> least bad option left for policymakers. 'It may be necessary to 
> temporarily nationalise some banks in order to facilitate a swift and 
> orderly restructuring,' he said. 'I understand that once in a hundred 
> years this is what you do.'"
>
>  
>
> ------------------------------------------------------------------------
>
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