[Marxism-Thaxis] Too Big to Fail versus Moral Hazard Henry C.K. Liu

2008-09-24 Thread Charles Brown
CeJ jannuzi Now what seems to be taking place is Bush-Paulson asking the rest of the world to bear the immediate costs of all this federal intervention in financial markets because the creditor nations are going to have to hold the debt the US issues to cover it. Just as they have asked to floa

Re: [Marxism-Thaxis] Too Big to Fail versus Moral Hazard Henry C.K. Liu

2008-09-21 Thread Waistline2
In a message dated 9/20/2008 8:49:51 P.M. Eastern Daylight Time, [EMAIL PROTECTED] writes: What particular insights did that article yield? >> How little HCKL knows about the US? If you read the rhetoric of many of the elite who get access to publish, you see something different: 1. Ameri

Re: [Marxism-Thaxis] Too Big to Fail versus Moral Hazard Henry C.K. Liu

2008-09-20 Thread CeJ
What particular insights did that article yield? How little HCKL knows about the US? If you read the rhetoric of many of the elite who get access to publish, you see something different: 1. America is a republic founded on the principle of subsidiarity. 2. The role of the federal government is

[Marxism-Thaxis] Too Big to Fail versus Moral Hazard Henry C.K. Liu

2008-09-20 Thread Waistline2
_http://henryckliu.com/page169.html_ (http://henryckliu.com/page169.html) Too Big to Fail versus Moral Hazard By Henry C.K. Liu The end of the Cold War and the global eclipse of socialist tenets have left US faith in market fundamentalism with the aura of a natural philosophy. The US