Jesse's Café Américain

“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny

Showing posts with label Rogoff. Show all posts
Showing posts with label Rogoff. Show all posts
09 February 2009

When Will the Wall Street Money Center Banks Be Nationalized?

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"Most of the big banks need to be put into some form of bankruptcy and recapitalized, and I think everybody understands that." ...
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