Re: Two, three many geniuses

[Eugene Coyle <eugenecoyle@xxxxxxx>]

 

Tom Walker wrote:

As of 10:20 p.m pacific time, January 15, a google search on genius of capitalism and enron returned 453 hits. Following the below news item from AFP, I've added a few more pre-enron allusions to the genius. I do believe Secretary O'Neill has spoken the phrase that will someday appear in his obituary.
<snip>
  Speaking on the CBS show "Face the Nation", Senator Joseph Lieberman, a former Democratic vice-presidential candidate, described O'Neill's comments as "outrageous".

"With all respect to Secretary O'Neill, those statements are outrageous. I hope that they're - they sound more cold-blooded than he means them to be," he said.

"Those are statements that might have been made by the secretary of the treasury in the 18th century, but not in the 21st century."

"The death that Enron experienced was not a natural death. We know enough to know that now," he added. "This was not capitalism as we want it to be."

< snip>
 
 
 
 

In my dreams I imagine that an alert CBS journalist immediately asked Lieberman "Just how DO you want capitalism to be?"  And in my nightmares I can hear his answer.

Gene Coyle