Perhaps(?) what we have is not a coincidence of circumstances, but a planned and managed train crash caused by the switches being left open and unobserved at all the proper moments. Not to say we did not have selfish criminal acts perpetrated by a banking culture (encouraged to) taking inordinate risks . . . Sorry, when a Barney Frank talks up Freddie Mac one month before it’s capsizing that is an indicator. Barney also let another indicator loose the other day when he indicated that the Obama salary caps should become the law across all industries . . . Inept, selfish, criminal management do not need “caps”, they need to be on the street. If someone with the talent and ability can turn a company around and save value and jobs they should be properly compensated.
Socialism is a lie (in all examples) it replaces one aristocracy (of the rich) with a nomenclatura (of the more than equal), faceless nameless Guvment apparachiki, that dole out benefits to those deserving based upon percentages, whim and political connections . . . if you don’t believe this look at the UK and Norway (national health), Venezuela, Cuba (in all aspects).
