Monday, March 22, 2010

Capitalism with American characteristic now

The massive bailout of banks and other financial institutions in 2008 as well as the congressional passage of the healthcare reforms law in 2010 in the United States are apparently elements of 'capitalism with American characteristic '. While some groups may worry that it would pave the 'the road to serfdom', other could actually argue that it does not matter if a cat is black or white, it is a good cat as long as it can catch the mice. As Keynes once said: "in the long run, we're all dead".

Obama presidency under spotlight in Malaysia


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4:00 AM  

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