Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Wednesday, January 18, 2012

CLICK Blog: People-watching in Washington - POLITICO.com

CLICK Blog: People-watching in Washington - POLITICO.com:

Robert Redford, actor and outspoken environmentalist, applauded President Obama'sdecision to reject the Keystone XL pipeline on Wednesday. In a column on the Huffington Post, Redford – who questioned the president's commitment to the environment a few months ago – wrote:

Let's face it: Big Oil is used to getting its way. But not today... and we have President Obama to thank for standing up to them in spite of the political risk.

President Obama has just rejected a permit for the Keystone XL tar sands pipeline — a project that promised riches for the oil giants and an environmental disaster for the rest of us.

His decision represents a victory of historic proportions for people from throughout the pipeline path and all across America who have waged an uphill, years-long fight against one of the most nightmarish fossil fuel projects of our time.

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