On Jun 17, 2011, at 1:20 PM, lbo83235 wrote:
> Given what we've just witnessed in the mortgage market, shouldn't we default toward the gravest alarm at essentially *any* prospect of the same thing happening to municipal infrastructure?
Why does the critique have to be limited to opaque and risky derivatives? Why can't you just say, "Don't privatize the public infrastructure. It's about public service, not private profit."