Sunday, January 10, 2010
‘Off in a different world’
The Planet of Pretend Capitalism.
They’ve absolutely convinced themselves they’re critical to the free-enterprise system and deserve record bonuses in the middle of a recession they started. But here’s roughly how it works in reality. Notice the government’s role in this vast transfer of wealth.
Update - 1.11.10 -- Reader BK makes a good point: "There's more than them thar bonuses for Hub Blog to disapprove of . . ."
The Planet of Pretend Capitalism.
They’ve absolutely convinced themselves they’re critical to the free-enterprise system and deserve record bonuses in the middle of a recession they started. But here’s roughly how it works in reality. Notice the government’s role in this vast transfer of wealth.
Update - 1.11.10 -- Reader BK makes a good point: "There's more than them thar bonuses for Hub Blog to disapprove of . . ."
