[lbo-talk] Sigtarp

Eubulides paraconsistent at comcast.net
Mon Feb 1 23:01:29 PST 2010


On 2/1/2010 7:53 PM, Doug Heywood wrote:
>
> On Feb 2, 2010, at 1:41 AM, Eubulides wrote:
>
>> Moral hazard is right up there with phlogiston.
>
> Really? You don't think that bailing out reckless financiers creates
> problems for the future?

============

A *political* problem, yes, definitely. A moral problem, no.

There can be no moral-cum-ethical overcomeability of *politics*.

Asking bankers to be moral is like asking atheists to be theists.



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