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View Diary: Two new dead banks, 2,200 more coming, FDIC bailout (28 comments)

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  •  You said... (1+ / 0-)
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    Stranded Wind

    which means your tax dollars pay for failed banks and your dollar is devalued and your oil goes up not due to speculation but instead due to corruption

    I assume by "corruption" you are talking about the corruption within the housing market which partly causes the fall in the dollar?

    •  We're hopelessly corrupt (8+ / 0-)

      We no longer know right from wrong as a society. We lie, cheat, steal, murder, and call it foreign policy. We're at the end of a two hundred thirty year run and that makes us, as an empire, as old and confused and angry as Weathervane McCain, except the consequences are much more dire ...

      •  It is not just that we don't know right (8+ / 0-)

        from wrong in the moral sense.  It is that we have lost all perspective on the fact that a lot of "right from wrong" wisdom is actually borne out of practical theories of self preservation.  In other words, some things are considered "wrong" because you are putting yourself and others at risk.

        We correct small children when they want to put their fingers into an electric wall socket because it can hurt them.  We tell them that it is wrong to do it, but it is much more than just "wrong" - it is dangerous.

      •  You can say, 'we're hoplessly corrupt' (1+ / 0-)
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        Stranded Wind

        but there are many, in this society, who do not 'lie, cheat, steal, murder and call it foreign policy'.

        This mess is the result of policymakers who laugh at the 'old way of doing things'.  Leaders with a 'trickle down theory' of no regulation.  All that trickled down was the costs and the pain.

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