Well, the Book of Leviticus and Deuteronomy, | The law of the jungle and the sea are your only teachers.
Sorry, but that's just the way it is...
Today's capitalism has degenerated into a casino. The financial markets are propelled by greed. Speculation has reached catastrophic proportions. These are all things that have to end.
Muhammad Yunus | 'Capitalism Has Degenerated into a Casino'
You're a man of the mountains, you can walk on the clouds, | Manipulator of crowds, you're a dream twister.
Will voters see the asymmetry in Congress’s failure to offer debt relief for homeowners as real estate prices plunge below the mortgages that are owed? Will its members be blamed for not rewriting the nation’s bankruptcy laws to free families from debt peonage – and free housing markets from the price declines that result from today’s proliferation of foreclosure sales? For that matter, will there be no relief for corporations having to cut back investment in order to service their junk bonds and other debts with which Wall Street’s corporate raiders and “shareholder activists” have loaded them down?
Evidently not.
Michael Hudson | Rescue for the Few, Debt Slavery for the Many
You're going to Sodom and Gomorrah | But what do you care? Ain't nobody there would want to marry your sister.
What has emerged are the outlines of two opposite approaches to the unfolding crisis. The Paulson plan is now clearly part of a project to create three colossal global financial giants -- Citigroup, JP MorganChase and, of course, Paulson’s own Goldman Sachs, now conveniently enough a bank. Having successfully used fear and panic to wrestle a $700 billion bailout from the US taxpayers, now the big three will try to use their unprecedented muscle to ravage European banks in the years ahead. So long as the world’s largest financial credit rating agencies -- Moody’s and Standard & Poors -- are untouched by the scandals and congressional hearings, the reorganized US financial power of Goldman Sachs, Citigroup and JP Morgan Chase could potentially regroup and advance their global agenda over the coming several years, walking over the ashes of a bankrupt American economy ...
F. William Engdahl | Behind the panic: Financial warfare over the future of global bank power
Friend to the martyr, a friend to the woman of shame, | You look into the fiery furnace, see the rich man without any name.
Lenin said that the best way to destroy the capitalist system was to debauch its currency. If our financial disaster continues there will be a widespread loss of faith in the mechanisms that regulate society. If our money becomes worthless, so does our government. All traditional standards and beliefs are shattered in a severe economic crisis. The moral order is turned upside down. The honest and industrious are wiped out while the gangsters, profiteers and speculators amass millions. Look at Lehman Brothers CEO Richard Fuld. He walks away from his bankrupt investment house after pocketing $485 million. His investors are wiped out. An economic collapse does not only mean the degradation of trade and commerce, food shortages, bankruptcies and unemployment; it means the systematic dynamiting of the foundations of a society. I watched this happen in Yugoslavia. I fear I am watching it happen here in the United States.
Chris Hedges | America’s Political Cannibalism
Jokerman dance to the nightingale tune, | Bird fly high by the light of the moon, | Oh, oh, oh, Jokerman.
Bob Dylan | Jokerman
In order to avert a general state of panic, the U.S. administration has declared that it will secure deposits that do not exceed $250,000. It will administrate banks and sums of money that Lenin, with his abacus, could never have imagined counting.
We might be wondering now about what contribution Bush’s administration might make to socialism. But let’s not entertain any illusions. Once banking operations go back to normal, the imperialists will return the banks to private enterprise, as some other countries in this hemisphere have already done. The people always foot the bill.
Fidel Castro | The Law of the Jungle
