Friday, December 19, 2008

Capitalism as a Ponzi Scheme

Nobel Prize winner Paul Krugman tells us that Maddox was not alone, there were many enablers; now it seems from the NYT reporters, that it was worldwide. A Globalized Ponzi Scheme.

Is this the way it ends?

I hope not.

How long can I keep writing I hope not. That is a complete lack of intellectual ambition. Can I understand this mess?

U. Krey makes an effort to make sense of this (below). Here is my five cents worth.

Capitalism always lacked moral fiber.

Socialism was a fools illusion.

What do we have?

The only way out I see, is that you and me, all together, start to talk with each other, because a hard rain is going to come.

Bush is no educated man; by now he's just following orders, if he wasn't doing that all along.

I have a poll on the side this week. I did not know what to expect, it turns out that the hard hearted ones outnumber the softies.

My mother almost never received a salary. Now the Government of the Legitimate President of Mexico, Andrés Manuel López Obrador legislated that ALL people after a certain age receive a pension from the city coffers. My mother is very happy with that political decision. She did not receive a salary most of her life, before she married, she was a secretary in Chilpancingo, the city I am living in now. She did a superb job raising my siblings and me. She deserves every last penny the city is giving her now.

I understand that everybody in line gets upset if somebody jumps ahead of the line. But, guys, the sky is falling, we have to pull in together.

The only way out I see to this calamity is Solidarity.

There you have it, call me idealistic, but seriously I do not see any other way out, to keep progress going.

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