[lbo-talk] Roubini on the Great Housing Robbery

[dredmond at efn.org]

Dr. Doom, aka Nouriel Roubini, unleashes the wheels of steel on the Empire:


> http://www.rgemonitor.com/blog/roubini/
> Sept 9 2008
> Socialism is indeed alive and well in America; but this is socialism
> for the rich, the well connected and Wall Street. A socialism
> where profits are privatized and losses are socialized with the US
> tax-payer being charged the bill of $300 billion. This biggest
> bailout and nationalization in human history comes from the
> most fanatically and ideologically zealot free-market
> laissez-faire administration in US history.

-- DRR