NP: No gov't; best gov't..from John Lanchester LRoB

Ian Livingston igrlivingston at gmail.com
Sun Sep 4 14:24:55 CDT 2011


> Very simply Wall Street does not create wealth, it extracts wealth. It also
> own the government. They could be put to useful and productive work perhaps
> in the North Dakota banks model.
>

Or picking garbage along the Interstate.


On Sun, Sep 4, 2011 at 12:23 PM, Richard Fiero <rfiero at gmail.com> wrote:
> Kai Frederik Lorentzen wrote:
>
>> > The world may be ruled by a roomful of 26-year old bond traders in
>> > London so we
>> > have no reason to expect an improvement. I'm up for political solutions.
>>
>> Like what? Financial transaction tax?
>>
>> http://en.wikipedia.org/wiki/Financial_transaction_tax
>
> Very simply Wall Street does not create wealth, it extracts wealth. It also
> own the government. They could be put to useful and productive work perhaps
> in the North Dakota banks model.
>



-- 
"Less than any man have I  excuse for prejudice; and I feel for all
creeds the warm sympathy of one who has come to learn that even the
trust in reason is a precarious faith, and that we are all fragments
of darkness groping for the sun. I know no more about the ultimates
than the simplest urchin in the streets." -- Will Durant



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