3/13/2009 12:53:46 AM
When I was young I wanted to win the Nobel Prize of Economics for creating a new Economic System... then the Nobel Prize of Literature... for I am also a writer and "The New Economy" book would be my masterpiece... finally, I wanted to win the Nobel Prize of Peace, because my book and my economic system would create the greatest society ever.
After many years having this running on the back of my head, I came to realize that I did not have to create a new economic system, because the one we had was the perfect one (capitalism and free market), I realized the problem was not the economic system, the problem was the way we ran it (nothing like true capitalism and surely not free market at all).
Realizing that was a big shock for me. I could forget about the Nobel... If we already have the best economic system the only way to clean it is with a complete "wipe out" and then a Phoenix-like rebirth from ashes. And if those times came, the Nobel is the last thing I'd think about.
But at that point I still had some hope... maybe the "Apocalypse" (i'll use your word from chapter 3) is coming, i thought, and then maybe, just maybe we can begin from scratch...
My hopes got me researching here and there and then I started looking into the past.. what a sad thing I found... this is not the first apocalypse... we've been repeating this for eons and eons all over the fkn world... all my hope went away...
I am not ready (I said to myself) to spend my life trying to save what cannot be saved, it is not a problem of economics it is a problem of the human race, not only the human race, for if giraffes could have a society like ours, they´d screw it up as well... it is a problem of nature, we are not able to have a society like the one I thought was possible.
So as for me... i'll just run for the biggest piece of cake I can get from this mess, let the world figure the rest out.
I'm sorry... all of this was to say that NO, bailouts for a single person or an institution are NOT the solution... If somebody is broke, he/she/it is broke! and that's it... as soon as we step into the process free market and true capitalism die. GM, Ford, AIG... they all should not be bailed out... let themgo broke and fire their employees, and sell their assets and create a big mess....
The problem is that it is too late now.... how about this? we are about to enter apocalypse... let it be the worst... and then how about starting with the right foot? We need a leader though... (a couple because the first 10 will be assassinated) who's up for it?