In the Seventh Year (amazing editorial, mho)

[kpete]

Op-Ed Columnist
In the Seventh Year
By ROGER COHEN
Published: September 10, 2008

And in the seventh year after the fall, the dust and debris of the towers cleared. And it became plain at last what had been wrought.

For the wreckage begat greed; and it came to pass that while America’s young men and women fought, other Americans enriched themselves. Beguiling the innocent, they did backdate options, and they did package toxic mortgage securities and they did reprice risk on the basis that it no more existed than famine in a fertile land.

Thereby did the masters of the universe prosper, with gold, with silver shekels, with land rich in cattle and fowl, with illegal manservants and maids, with jewels and silk, and with Gulfstream V business jets; yet the whole land did not prosper with them. And it came to pass, when the housing bubble burst, that Main Street had to pay for the Wall Street party.

For Bush ruled over the whole nation and so sure was he of his righteousness that he did neglect husbandry.

.................


And in the seventh year after the fall, the dust and debris of the towers cleared. And it became plain at last what had been wrought — but not how the damage would be undone.


more at:
http://www.nytimes.com/2008/09/11/opinion/11Cohen.html?_r=2&ref=opinion&oref=slogin&oref=slogin

[halobeam]

1. Thanks. Amazing, indeed.

k and r

[enough]

2. R#5

[chill_wind]

3. Posted this last night. Glad to see this on the GP-- it's very good.

K & R

[Danascot]

4. Brilliant

must read

[malaise]

5. Superb

K & R

[NikolaC]

6. K&R

:kick:

[Gregorian]

7. And so the great heist was complete.

The taking of wealth happened.

This article is more than just a little brilliant.

Thanks for sharing.


Edit- You know why I find this article so compelling? Because some of us knew what was happening as the towers were falling. The irony. And to have to watch as the entire country slept. Even now, as this article is presented, most just don't see.

Nine One One. Nine One One. Nine One One. U...S...A... U...S...A... U...S...A...

[Shanti Mama]

8. This was reprinted as an OpEd today in the Kathmandu Post

The world agrees. And prefers Obama 4-1.

[Jeroen]

9. Recommended! n/t