Lessons NOT Learned …
Posted By Alan Partis on March 10, 2009
The Dow Jones Industrial Average is up by over 300 points so far today and it’s being framed as a big positive response to an announcement by Citigroup that they’ve been profitable for the past two months.
Clearly, people with money to burn, or “invest” as I’m sure they prefer to think, haven’t learned their lessons over the past 6 months. What has changed about the folks who operate Citigroup that gives them any credibility today? Isn’t this the same group of people that couldn’t run their operations well enough, or with enough honesty, to avoid this huge economic mess in the first place?
Now back to working on my taxes …
Just a boy from small-town western New York (Batavia) with strong convictions and a desire to express my opinions. I'm married and have a daughter with whom I am taking great pains to brainwash into my way of thinking (so far with great success).
Though I am a software engineer by day, I read a great deal about current events, history, and economics and philosophy. I'm certain that many of my former teachers will be pleasantly surprised to hear this. I've grown very interested in trying to help educate others about the liberty guaranteed to us in the United States Constitution and the economic theories on which this Country was founded.
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