Why Poor Countries Are Poor. (economic and social lessons for those in power in the US.)

[TalkingDog]

The rot starts with government, but it afflicts the entire society. There's no point investing in a business because the government will not protect you against thieves.

http://reason.com/archives/2006/03/01/why-poor-countries-are-poor/print

[TalkingDog]

1. woo hoo....I've got negative numbers.

So somebody thinks continuing to bail out banks, letting them get massive bonuses without holding them accountable is a good thing? Makes me want to run right out and support the mega banks....

[skids]

3. Not anymore...

...it will be interesting to see how the bagger's mind control will make them forget all about the financial reforms we need in time to support a filibuster against them.

[skids]

2. Very interesting read...

...and good insights to have in a few months when Haiti's immediate needs are met and reconstruction starts.

[paulsby]

4. i agree. reason mag is libertarian, but a good read

personally, it's a must read imo. the nation, reason, and national review.

i like a diversity of opinion

[TalkingDog]

6. My logic is: A diamond in a pile of shit is still a diamond.

I have the intellectual capacity to "wipe the shit off" and separate the good from the detritus.

[TalkingDog]

7. Exactly. n/t

[TalkingDog]

5. This story relates directly to this post.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x7505064

[flying rabbit]

8. Very good read. nt