On Wed, Jan 28, 2009 at 1:21 PM, Louis Proyect <[email protected]> wrote: > http://www.villagevoice.com/2009-01-28/news/what-cooked-the-world-s-economy/ > The basic story line so far is that we are all to blame, including > homeowners who bit off more than they could chew, lenders who wrote absurd > adjustable-rate mortgages, and greedy investment bankers. > [...] > > Sorry, but that's drivel. In fact, what we are living through is the worst > financial scandal in history. It dwarfs 1929, Ponzi's scheme, Teapot Dome, > the South Sea Bubble, tulip bulbs, you name it. Bernie Madoff? He's peanuts.
This is a great article. I am glad someone in the mainstream media is calling this scam what it is. -raghu. -- Two fish are in a tank. One says to the other, "Do you know how to drive this thing?" _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
