Too bad about the unintended consequences…

SPIEGEL INTERVIEW WITH DEUTSCHE BANK CEO JOSEF ACKERMANN
‘We’re not Barbarians’
Deutsche Bank CEO Josef Ackermann speaks to SPIEGEL about the public’s growing mistrust of the business community, Germany’s massive tax evasion scandal in Liechtenstein, executive fat cat salaries and the causes and consequences of the current financial crisis.
http://www.spiegel.de/international/

The US government is between a rock and a hard place as the economy collapses, bank collapses, record trade deficits, and dollar devaluation. The US Treasury is broke and they need the money to keep the gov’t doors open.

…they don’t want to end the gravy train.

Worse, the current crop of CFO’s and CEO’s, and their chief internal and external advisers, have made it to “flag rank” having been accustomed to little else. Again like outsourcing.

Running an economy solely on unalloyed, unregulated, legally- and financially-immune capitalism is like drinking only distilled water. Rather than hydrate you, it leaches from you what you intend to hydrate.

But then Bush doesn’t really advocate unalloyed capitalism. He advocates corporate-fare. Weening big businesses – many of which are now critical to collecting our taxes and running our legislature and military – from Bush-style corporate-fare will be heady and politically violent stuff. Let’s be prepared, and keep focused on what we want instead.