Saturday, October 18, 2008

Quote of the Week: The Financial Crash

"Confident
men took leave of common sense and bet on the idea of perpetual profit
in the real state market and crashed. But it wasn't their money. It
was your money they were messing with. And that's why we need
government regulators. Gimlet-eyed men with steel-rim glasses and
crepe-soled shoes who check the numbers and have the power to say,
'This is a scam and a hustle and either you cease and desist or you
spend a few years in a minimum-security federal facility playing
backgammon.' "

Garrison Keillor, Alternet, October 6, 2008

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