Tuesday, November 16, 2010

Glen Hubbard Alert!

Filed under: Economy — by Marty Krasney @ 12:21 pm
Tags: ,

Update: Strong Letters to the Editor response to Hubbard opinion

Readers of Glenn Hubbard’s NY Times November 15 op-ed would be well advised to consider his observation in the context of Charles Fergusson’s incisive and damning documentary, “Inside Job,” in which Dean Glenn Hubbard played an unapologetic and uncomfortable supporting role as an architect our current financial chaos. Indeed, as Dean Hubbard smugly asserts in his broadside, “we have designed entitlements for a welfare state we cannot afford.”  Glenn Hubbard was one of its principle architects are the richest sliver of our population, for whom he was an appointed facilitator in government, finance and academia. Helping to build and sell  the duplicitous house of cards that has tumbled down and is crushing middle-class and working-class Americans and their counterparts worldwide.

1 Comment »

  1. Will Kirkland:

    And Hubbard was the nasty one:

    During the film, the interviewer attempts to get Hubbard to discuss his outside business relationships. Hubbard’s response is to angrily retort, “I don’t believe I have to discuss that with you…this is not a deposition, sir…this interview is over in three minutes…give it your BEST SHOT.”

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Words for Acts

Of all the enemies of public liberty, war is perhaps the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies. From these proceed debt and taxes. And armies, debts and taxes are the known instruments for bringing the many under the domination of the few...No nation could preserve its freedom in the midst of continual warfare.

James Madison, 1795



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