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I forgot what your take was on this, exactly, John. What do you suppose happens next if the government lets the FM's and (e.g.) the airlines go down? It may just be lack of cojones on my part, but I have trouble even imagining what the valley would look like without Goliath towering over us. Would his fall topple all our little anthills?
Posted by: Save the Oocytes | Saturday, July 12, 2008 at 04:05 PM
I have no idea what would happen next, but I'd like for us to try it and see. I'm tired of the triumphalism of corporate capitalists who preach about the inevitability of a system that really only survives thanks to constant intervention from the state sector, and frequent infusions of our money. Let's stop propping it up and see what happens.
Posted by: John Caruso | Sunday, July 13, 2008 at 11:43 PM