Did I hear that right? I will have to dig up a link later, but this is about the denial that Bush is still in, and the qualification Wells Fargo (CEO or someone) made, about the bail out not going for executive salaries. It is unfair for me to begin this blast without further digging, but just the surface sod is soaked with effluence. So I will sort some key words from the Bush: "capitalism" in conjunction/contrast to "free market".
With Wells Fargo it is a matter of bookkeeping and an earlier flip-flop it seems, on the matter of what the bailout is going for... are we rescuing failing institutions or helping those that are efficient? In this case I have rather unparsed and taken a tangent from the trickle-down of the bonus problem, but there is a righteous problem about the housing bubble and fundamentals.
Maybe a graphic form will help:
Capitalism - - Free Market
Bonuses - - Book Keeping
Rescue - - Help
Bubble - - Fundamentals
Meaning, Myth, Model, Metaphor; may be my mantra,
but there is a cycle that needs work.
And to my estimation (tergiversate[**] or not) the housing bubble is a result of a fundamental flaw in economics. It works for those that buy it. But it really matters what the it is. Not to mention who sells it.
Not to mention the media again: WWWWWH? I might return to give more particular sources, but for now I leave with the answer: who, what, when, where, why, and how? as well as note the only labels at this time are Progressive Media and Thom Hartmann, and if I return I will [bracket][*$*]changes.[*]
[* as soon as I finished this and bracketed that, I thought, and must note that I have now made minor edits (& bold) for clarity sake, unbracketed.]
[** I wonder if I am a De-tergiversator ***?]
[*** I had to go old school and open a book, the answer is; not if it is (the latter) to change one's opinion, but may be others, not the De. Yeah, the De and the Un.]
[*$*] passing the buck I have not returned but simply connected here
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