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Davos protesters, to the Davos global elite: "YOU are the crisis!"

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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 06:38 PM
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Davos protesters, to the Davos global elite: "YOU are the crisis!"
That's about as well as anyone could put it.

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Waiting For Everyman Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 06:53 PM
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1. They put that perfectly, didn't they?
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 07:06 PM
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2. The truth is so simple.
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 07:22 PM
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3. Keep in mind that Hillary Clinton sneaks into events like these.
Edited on Sun Feb-01-09 07:37 PM by truedelphi
And David Rockefeller, who may well be Obama's newest buddy, is always on hand for these events.
Obama, follow Linocln's example -- get rid of the Central Bank, make the government its own bank and eject Geithner, Summers and Rubin immediately before our nation is further capitulated by these forces of scum and greed.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 07:23 PM
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4. K&R
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-01-09 08:22 PM
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5. A blood-boiling read about what they're saying on the inside:
Davos Delegates in ‘Denial’ as $25 Trillion of Wealth Vanishes


By A. Craig Copetas and Christine Harper

Jan. 30 (Bloomberg) -- Regret is cheap for some delegates at the World Economic Forum in Davos, Switzerland. Redemption for their role in the worst economic wreck since the Great Depression comes at a steeper cost.

“Nobody in Davos wants to get near a negative like redemption,” said Robert Dilenschneider, chief executive officer of the Dilenschneider Group, a public relations firm in New York. “But the truth is that everyone here is part of the problem, and the public will soon begin demanding a pound of flesh.”

“No banker or businessman wants to take responsibility,” said Dilenschneider, who counts 40 Davos delegates as clients, their identities shielded by confidentiality agreements. “It’s their view that everybody else did something wrong.”

Questions about responsibility, blame and contrition hang in the cold mountain air at the glitzy Alpine resort this week like so much exhaled breath. With $1 trillion of bank losses and $25 trillion of market value gone missing since the start of the financial crisis, there’s much to account for.

“There’s a ‘Great Gatsby’ quality to Davos,” said Niall Ferguson, a professor of history at Harvard University in Cambridge, Massachusetts, referring to the novel by F. Scott Fitzgerald. “When people look back at this gilded age, I’m sure there will be images of the investment bank parties at Davos, just as people looked back at flappers after the 1920s. People are still in denial.”

Ferguson, author of “The Ascent of Money: A Financial History of the World,” and a first-time Davos delegate, said “There’s a sense of ‘let’s have the party anyway,’ and ‘let’s talk about the post-crisis world,’ as though that could be soon.”

‘Stupid Things’

(...)

more: http://www.bloomberg.com/apps/news?pid=20601170&refer=special_report&sid=abAA1ieh6wTk
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B o d i Donating Member (543 posts) Send PM | Profile | Ignore Sun Feb-01-09 11:28 PM
Response to Reply #5
6. k&r
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