Sunday, January 10, 2010

And breathe...

I get incredibly frustrated with politics in the U.S.-- well, it's really life in America because what happens in Washington does "trickle down" to the little folk in the library and the schools. So at times it's important to recall what is truly important--

Monet's "Woman in a Garden"

the poetic lyricism of Jeannette Winterson in "Written on the body"

a pas de deux to Chopin

Provofiev's Piano Concerto no. 3

dinner and a fine glass of wine (or 4?) with good friends

and sunset in Key West...

The Other Plot to Wreck America

New York Times Opinion

The Other Plot to Wreck America
Published: January 9, 2010

What we don’t know will hurt us, and quite possibly on a more devastating scale than any Qaeda attack. Americans must be told the full story of how Wall Street gamed and inflated the housing bubble, made out like bandits, and then left millions of households in ruin. Without that reckoning, there will be no public clamor for serious reform of a financial system that was as cunningly breached as airline security at the Amsterdam airport. And without reform, another massive attack on our economic security is guaranteed. Now that it can count on government bailouts, Wall Street has more incentive than ever to pump up its risks — secure that it can keep the bonanzas while we get stuck with the losses...

If they all skate away yet again by deflecting blame or mouthing pro forma mea culpas, it will be a sign that this inquiry, like so many other promises of reform since 9/15, is likely to leave Wall Street’s status quo largely intact.

That’s the ticking-bomb scenario that truly imperils us all.


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