Friday, October 14, 2011

If I Could

I wonder what would happen if I could give Mark Carney, Governor of the Bank of Canada, and Paul Krugman, American economist and previous Nobel Prize winner, a magic potion which they could distribute to international corporate CEO's, international bankers, and political leaders. The potion would be designed to open the minds of those who imbibed it.

And so ... Bankers would discover that reasonable regulation, as proposed by Mr. Carney, would not ruin them. Political leaders would discover that too much austerity, at the wrong time, leads only to more and more austerity, and less and less ability to improve the world economies, as Paul Krugman has shown (NY Times, and books ) and read his Op Ed on Rabbit Hole Economics . What would CEO's discover? Perhaps they might find out that they are frail and human. Although, the jury may still be out on that one.

If I could, I would have Dick Cheney and George Bush drink a potion that would give them the same sensations that being water boarded caused in the prisoners they agreed could be tortured. Do you suppose that would change their tiny minds?

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