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
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.
_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
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
