Lew Jeppson | 11:28 p.m. Oct. 13, 2008
The current pile of opaque financial paper which none can see through is a perfect example of the Marxian principle - the fetishism of commodities. We can't see the social relationships behind all of this paper. In the end everything is just people and the social relationships between them. But these have been rendered hopelessly obscure as perceived by neoclassical economics, but is clearly perceived by Marx.
anonymous 11:57 | 10:58 p.m. Oct. 13, 2008
nice comment Wrex... very thoughtful and insightful
Wrex | 1:18 p.m. Oct. 13, 2008
BYE BYE BUSH!!!!!!!!!!!
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Anonymous | 4:23 p.m. Oct. 12, 2008
Marcy Kaptur reminds me of my 1st grade teacher, she talks with her hands too much. The financial regulatory enviornment that she is just now proposing is about 5 years too late.
Let's cut off our nose . . . | 12:43 p.m. Oct. 12, 2008
To spite our face. I share the disgust expressed by the Ohio representative in the clip. However, refusing to do anything when our very way of life is at stake is foolish. Without credit to lubricate the transactions that make commerce possible, the economy will just stop. Goods will sit on docks because banks don't trust each other to carry out the transactions that allow trade to happen.
I'm just as wary of socializing large parts of the economy as anybody, but desperate times call for desperate measures.
I'm just as wary of socializing large parts of the economy as anybody, but desperate times call for desperate measures.
Anonymous | 11:57 a.m. Oct. 11, 2008
We all hate the bailout but it hasn't had time to work.It's still going to be another week before they can start buying assets. I don't really see how the stock market could have performed any worse had they not done anything. Who knows? Unfortunately we've blown a huge whole in our Constitution and we're twice as much of a socialist nation as we were before. Alexander Hamilton had to do the same thing so it isn't unprecedented.
I think if the Congressional leadership and the Predident would come out and say that they are slashing Government spending across the board and balancing the budget the dollar would soar and the stock market would soar.
I think if the Congressional leadership and the Predident would come out and say that they are slashing Government spending across the board and balancing the budget the dollar would soar and the stock market would soar.
Not a minor blip Jay | 6:59 a.m. Oct. 11, 2008
The bailout may be the last hope to save our banking system from the world bank that conservative Pressident Bush is creating this weekend. All conservative freemarket myths will be irrelevant soon.
Joseph Atwater | 6:48 a.m. Oct. 11, 2008
Now that the cruise ship has sunk, maybe we can have a birthday party for another "sinking Party...The Republican party" (Not that the Democrats are any better)"We elect the politicians we deserve,and take with it its failures.We can blame no one else but ourselves,
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