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Showing posts with the label Wall Street CEOs

The Crisis in Capitalism...

"Government is not the solution to our problem," said Ronald Reagan in his first inaugural address almost 30 years ago. "Government is the problem." I keep thinking about those words of Reagan's as we see government forking over trillions to failed American banks and bankrupt car manufacturers. And we see bailout funds getting used for things like bonuses and things of that nature. And we see millions of Americans lose their jobs each month. And I think that I'm really not sure that government can provide the solution that is needed to solve a crisis of this magnitude. But more disturbingly, business isn't providing the solution either - at least business as we know it today, thirty years after Reagan spoke those words about the evils of government. In fact, it would appear that in today's political landscape, business is itself a significant problem. A Bleak, Golden Fog The landscape of American business today is pockmarked by bad...