It was a large number of individuals, certainly, but in that this was the greatest securities fraud in history, it was going to take a lot of people.
One of the things that illustrates that this is a crisis and how bad a crisis is the skyrocketing value of the U.S. dollar, as measured against the major world currencies as a "basket".
Money is a real social relation that people really need and that is very clear now that there is so much less of it.
On Sat, Nov 29, 2008 at 12:55 PM, Charles Brown
<charlesb at cncl.ci.detroit.mi.us> wrote:
>
>
>>>> Carrol Cox
> [For me personally it is still an open question just how serious the
> present crisis is and the nature of its sources. But it is certain that
> attempts to blame it on individuals are, as the following argues, at
> least potentially racist. And in any case rather silly. -- Carrol]
>
> ^^^^
>
> It silly to "blame" individual cabinet choices for the political economic events of the past, too, or to predict the new government actions by their choices.
>
> CB
>
>
>
>
> This message has been scanned for malware by SurfControl plc. www.surfcontrol.com
>
> ___________________________________
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>
-- peace,
boddi
http://financialroadtosocialism.blogspot.com/