S. America View: After Yrs Of Saying-Do Things OUR Way-"Greedy Bastards Lie In Bed They Made"

[kpete]

The view of the U.S./first world financial crisis from Latin America

i think one word captures it nicely - schadenfreude...

from mercopress...

brazil's lula da silva...

Brazilian President Lula da Silva said on Thursday he has watched with “sadness” the collapse of Wall Street firms that made economic policy recommendations in emerging markets “as if they were the super intelligent and we were the poor souls”, according to Spanish news agency EFE.
“Important banks, very important banks, that spent their lives giving advice about Brazil and what we should or shouldn't do are now broke”, EFE quoted Lula da Silva as saying in a speech in southern Brazil.

Lula criticized Wall Street firms for treating financial markets like a “casino” and for relying on “speculation” to make money. He said the Brazilian economy is well-equipped to weather the global crisis and would suffer “very little” even if the US sinks into a deep recession, according to EFE.

argentina's cristina fernandez de kirchner...

Earlier in the week Argentina’s Cristina Fernandez de Kirchner adopted a similar stance during a political rally: “while the First World collapses” because of the international crisis, Argentina remains “firm”.

“The First World, to which we had been repeatedly told we must reach, is crumbling like a bubble”, she underlined. “In the midst of the swelling sea” Argentina remains strong. “It’s time many of those institutions instead of telling us what to do, should look around and do something for themselves”.

after years and years and years of having their noses rubbed in it by the u.s., the imf and the world bank, it has to be at least a little bit gratifying to watch the greedy bastards who kept telling you if you would only do things THEIR way all would be just fine, having to lie in the bed they themselves made...

more at:
http://takeitpersonally.blogspot.com/2008/09/view-of-usfirst-world-financial-crisis.html

[cilla4progress]

1. Absolutely!!

People aren't stupid! (Though sometimes we act that way!) I see this as an equivalent to the fall of the Berlin Wall. The "fundamentals" of American capitalism at its been conducted over the past X# years (fill in the blank) -- are NOT sound!

[Caliman73]

3. True

You can't build a solid economy out of shifting money around from place to place and charging fees. This is a result of corporations being allowed to put profit above EVERYTHING. Why aren't people content with making a good living? Having a decent home, a good working mode of transportation, enough food to eat and some extra for emergencies, and some leisure time to spend with family or doing things you enjoy. It seems that the richest people want to get insanely, disgustingly rich and brought along other greedy or gullible people into their trap. .

[orwell]

2. Bravo...n/t

[frebrd]

4. Thanks. K&R

[indepat]

5. Uncle Sam will assure the lying, thieving, greedy bastards responsible for all this won't have to

lie in the bed they themselves made. :P

[malaise]

6. The victims of Shock Doctrine and Shock Therapy

particularly those who eventually rejected the Washington consensus can't help but laugh.
I have Fidel's speeches from the 1980s on the debt crisis - he was 100% correct.

What Americans don't know (that they and their citizens know) is that now the same goons will commandeer the public sector and rip off the tax payers even more. Watch your highways and bridges as the private sector grabs them.
The good news - eventually people wake up and say enough is enough!

Take back your country. Head to Washington!!