“We’re too big to fail.” If I have to come across that line or anything resembling it I’m going to go down to Lehman Brothers headquarters and throw darts at anyone I see walking out of there who is wearing a suit and not carrying a cardboard box. How can any economic system be dubbed “healthy” if it allows any one entity to get so big that it would wreck that economy by failing? the last thing AIG, Northern Rock, Fannie Mae, and whatever other massive tax loophole exploiting robber-baron outfit needs is a bailout or to be allowed to become even larger through mergers.
Let us recall the words of Abraham Lincoln:
“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country.
As a result of the war, corporations have been enthroned and an era of corruption of high places will follow. The money power of the country will endeavor to prolong its reign by working on the prejudices of the people until all wealth is aggregated in a few hands and the republic is destroyed.
I feel more anxiety at this moment for the safety of my country than ever before, even in the midst of war.”
Word.
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