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

Friday, April 6, 2012

Clueless on Wall Street

Turning against Obama 

MEYERSON: Wall Street's brazen cluelessness | PressDemocrat.com

By HAROLD MEYERSON Published: Friday, April 6, 2012


In 2008, Wall Street backed Barack Obama. 

Today, Alec MacGillis reports in the New Republic,


 Wall Street has turned against Obama with a vengeance. 

Hedge fund operators have given Mitt Romney four times what they’ve given Obama, and that doesn’t count their contributions to “super PACs” backing Romney and other Republican candidates.










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