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View Diary: "An Elaborate Charade" - Dean Baker on the Debt Ceiling Crisis (251 comments)

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  •  These are the intellectual descendants of people (4+ / 0-)

    in the 17th century who believed a single tulip bulb was worth more than $500,000 in modern exchange, who believed more recently that the stock market would continue to rise forever, and even more recently believed that real estate prices could never fall.

    And they're the people who control our fortunes nearly everywhere on the globe.

    We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard. - John F Kennedy

    by badger on Wed Jul 27, 2011 at 10:54:03 PM PDT

    [ Parent ]

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