Wednesday, December 1, 2010

Arrest them!

There is a small minority of people who are arguing for the principles of the financial meltdown.  I've been part of the group for many months, for whatever my membership is worth.  Welcome to the party, Joseph Stiglitz, nobel prize winner in economics!

He has an interesting and thoroughly pragmatic take on the whole affair.  The long form is in this article.  The short form is that if we don't punish this behavior it will be repeated, and in larger doses.

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