This morning, I had the amusing thought.
After the great depression, Roosevelt started "The New Deal" one of the largest move toward socialism, in this countries history.
That all these "Free Market Capitalists" believe that in the spirit of "Free Markets" we should let it all Burn. Yet, Wouldn't you think that this time, If it all Burned down our move toward Socialism, would be even stronger. We could easily reform our entire social economic system... More Toward Socialism, than ever before.
The irony that in the spirit of "Free markets" allowing it all to burn down... could forever reform capitalism... More toward socialism than ever before.....and that the only hope for "free markets" is a socialist move.
This just keeps making me Giggle.
Where is my copy of Alice in wonderland.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Sunday, September 28, 2008
Rats in a Maze... More Circular Logic... Catch 22s
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