Sunday, December 13, 2009

Lessons Learned?

"Talk to conservatives about the financial crisis and you enter an alternative, bizarro universe in which government bureaucrats, not greedy bankers, caused the meltdown. It’s a universe in which government-sponsored lending agencies triggered the crisis, even though private lenders actually made the vast majority of subprime loans. It’s a universe in which regulators coerced bankers into making loans to unqualified borrowers, even though only one of the top 25 subprime lenders was subject to the regulations in question."


Here is another jewel from this piece:


“It is difficult to get a man to understand something when his salary depends on his not understanding it.” 

Paul Krugman

I know a good friend Garrett Cook , from Captain James Cook stock, that writes bizarro novels. These alternative universes cohabit ours, it seems. Conservatives are the aliens from UFO's lore, but I stand by my point made in a post in this blog. There is no intelligent life in this Universe, besides that of Krugman and people like him.

It is moments like these, that I worry about the future of my bright intelligent children.

I know I shouldn't despair, sometimes is hard though.

Esto de jugar a la vida, es algo que a veces duele. 

This game called life, is something that hurts at times.
Enrique Ballesté

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