It's not just investment banks that have fallen by the wayside in the recent carnage; it's the ideology of unregulated capitalismUnregulated? I don’t think he uses the proper definition for that word. In his world “unregulated” must mean that there are still at least one activity that is not regulated by big brother. I wonder what he would call the situation where there was truly no regulation? Super-duper-bad-because-I-can’t-force-you-to-do-my-bidding-unregulated, probably.
Sunday, October 5, 2008
I Don't Think That Word Mean What You Think It Means
Harold Meyerson makes some ridiculous gaffs in his Washington Post op-ed this week. This sentence from the summary really blows me away:
Posted by Adam Ruth at 2:03 PM