Please read Paul Krugman's column in today's (Friday, Dec 21) NY Times:
Blindly Into the Bubble
http://www.nytimes.com/2007/12/21/opinion/21krugman.html
Alan Greenspan was/(is) a brilliant idiot who wrapped old fashioned greed in the false Ayn Rand ideology of free market Capitalism ... destroying the safeguards that are needed to protect ANY market from thieves and charlatans. Even the ancients knew you had to have things like uniform weights, that some things cannot be left to the goodwill of the transient carnival vendors with no stake in the village.
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