Tuesday, January 17, 2012

the real risk takers

In the conservative ideology, the wealthy "titans of business" are the "risk-taker" heros of the economy. In reality, the further you get to the top of the economic scale, the fewer risks you have to take to churn more and more personal wealth.

Even with crash and burn business failures, these CEOs are walking away with millions in their golden parachutes, while the working class is bearing more and more risk in their daily lives.

My only hope for the US economy rests on the fact that this man exists and writes frequently with such rationality and eloquence on the reality of how the economy works — Robert Reich.

Hopefully, someone will listen before it's too late.

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