That said, let me return to typical hincandenza form and concur with the ancillary question as to why the President doesn't get more criticism for his shortened work week. :)
posted by hincandenza at 10:02 PM on June 2, 2001
God, it's weird to be defending Bush... I feel all icky... so... so... dirty...!
posted by hincandenza at 12:19 AM on June 3, 2001
On the flip side, of course, when loans or investments really bomb (a la Asian crisis a few years ago or the LTCM fiasco) those bankers demand they be bailed out by someone else. It's classic modern capitalism: if you hold the reins of capital, when a good decision is made you reap all the rewards, but when a bad decision or loan is made, you scream and holler like little children that you need a bail out from taxpayers or nations or anyone else- in short, privatize profit, socialize risk.
posted by hincandenza at 4:49 PM on June 3, 2001
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posted by mrbula at 6:40 PM on June 2, 2001