Dean Jorge Bocobo in his blog says that America has taken on socialism and a planned market. The Federal Reserve's 85 billion dollar or more intervention to save the underwriters is unprecendented in history. Welcome to the USSA or the United Socialist States of America! Remember Croissant Commie and bridge player Deng Xiao Ping? His most famous line is "It doesn't matter if the cat is black or white, as long as it catches mice!" With that he launched China's "socialism with Chinese characteristics". And the crowning glory of all that market reform is the Bird's Nest stadium in Beijing. Of course the reform has its dark side. Capitalistic greed is the likely reason why there is melamine in Chinese made baby formula! With the Federal Reserve intervention, I would like to restate Deng and I really intend the pun,especially in this US Presidential derby season. My apologies to the Paramount Leader! "It doesn't matter if the candidate is black o...
"It is surely harmful to souls to make it a heresy to believe what is proved" - Galileo