On Wed, Oct 22, 2008 at 3:31 PM, Jim Devine <[EMAIL PROTECTED]> wrote: > No-one says that Volcker is "pure evil." I don't get this practice of > arguing against proposition X by saying that X isn't _completely true_ > as if that says that X is totally wrong. Doug criticizes Volcker for > being a Field Marshall of finance capital and someone says "well, he > can't be all bad." (He loves dogs and children after all!)
Volcker can and does say a lot of things that make perfect sense. As I recall he warned against the LBO excesses of the 1980's, and more recently against the housing bubble well before it burst. Volcker's ideas obviously are not much aligned with mine, but that doesn't mean I can't agree with *some* of the things he says. -raghu. -- "I busted a mirror and got seven years bad luck, but my lawyer says he can get me five." _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
