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By Stephen Pizzo (about the author) Page 2 of 2 page(s)

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Memo to Congress:
Look boys and girls on The Hill, we know you hate making these kind of “black or white” decisions. Rather than clearly deciding whether to sh-t or go blind, you run around with one eye shut farting. But you're not going to get away with that kind of risk adverse, passive aggressive behavior this time around.

Because when it comes to economic models, we can't be a little bit pregnant. We're either a “free enterprise” capitalist economy in which rule No. 1 is “the higher the potential profit the higher the potential risk,” is enforced, or we're not a capitalist economy. If the government is going to provide welfare to failed private businesses, and the people who failed them, then that fits NO definition of capitalism.

Now, don't get me wrong, I really don't give a fig one way or the other. I just want you folks up there to make up your minds which it's going to be, capitalism or socialism, so I can plan my life accordingly. (I mean, socialism is no panacea either, but at least I'd get free healthcare.)

Anyway, right now all I see is that lots of folks I know have lost their jobs or, if “lucky” having only had their salaries and/or working hours slashed. That at the same moment you guys are fixing to hand up to $4 trillion to the people who created all this misery, and let them keep their jobs and, if you're a Republican member of Congress, you want to give them yet another round of tax cuts.

Call me crazy, but I just don't get it.

P.S. Question for Barack – Do you get it?

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Stephen Pizzo has been published everywhere from The New York Times to Mother Jones magazine. His book, Inside Job: The Looting of America's Savings and Loans, was nominated for a (more...)

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