Thursday, June 18, 2009

Clip of new Michael Moore movie

Not sure if it will be able to top the Farenheit 911 clip of President Bush reading a story book after the Trade Centers were attacked, but I'm still looking forward to seeing it:



I think one of the biggest flaws in our economic system is that the risk-reward ratio has become completely skewed. We offered huge rewards to financial firms, but really we removed the risk aspect of it. CEOs were able to obtain massive paychecks by utilizing leverage and derivatives, but haven't experienced any penalties for failure.

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