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Archive for January 4th, 2009

In 1787 Louis or his court did not realize the kingdom was on the brink of ruin. The king and his court were seduced by majesty and the ritual of their time honored ways. When their eyes opened it was too late.

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Henry Bodget writes in the December Atlantic that it is no use to blame banks, Wall Street executives or Senators or anyone else for the current crash. He says it is all part of the normal cycle of capitalism. He is partially right. I think there are those who should be held accountable for any [...]

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