Sunday, October 26, 2008

"Gotcha Capitalism" by Bob Sullivan

Published by Ballantine Books, New York 2007 $14.95

To Loyola, Patron Saint of Reformation from Within.

Sullivan wrote: "I love our country, and our way of life. I even love capitalism though after reading this book,you may question that. But let me make my case for that this way. Gandhi once said he might become a Christian if he ever met one; I would support a free market if I ever saw one. Instead, our economy is laced with unchecked unfairness." Think about the headlines lately about the state of the economy to find out the real economics in US and other nations in the world.

Connecticut Attorney General Richard Blumenthal said: "Competing by cheating has become a way of life for ...many of these corporations, many of the most reputable of them. Because it's done by AT&T, MCI or Sprint et al people are reluctant to use that word, but when all is said and done...these are scams." Former FED chairman Greenspan's testimony in Congress is another reinforcement of the same rationale plus the campaign charges by both Obama and McCain about the greed and other negative sides of human behavior published by the media.

The recent financial crisis may be regarded as a sequel of the rationale above by Sullivan and Blumenthal as published in "Gotcha Capitalism" Moreover,the campaign buzzwords we have heard would also be relevant to the author of the book. We need change in America. Let us see the outcome after election on Nov.4th and the inauguration of the new President on January 20, 2009

I have sent my blogs about my views for making comparisons with other thinkers.

Francis Shieh a.k.a. Xie Shihao wishing to compare notes to learn the truth unless truth is multi-dimensional. (sic) Sunday, October 26, 2008 at 1.30 p.m.

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