Thursday, November 26, 2009

Mortimer B. Zuckerman

Wall Street's Day of Reckoning

Posted September 19, 2008

Reader Comments

Unfortunately for people throughout the world, Bush and all other leaders et al with their venerable armies of advisers could not see the failings of the market system. Indeed, they worshiped the system like it was a religion. So these same people who are now saying that they will be our saviours and fix the system that they up to two weeks ago adored, are to be expected to make things better. I do not think so and all this is a load of 'hot' air as usual. Things are going to be bad, very bad indeed for quite a few years now (possibly at least a decade) and no matter what these idiots say, I would not believe them if they were the last people living on this planet. Their hypocrisy is without compare.

Considering everything, the capitalist system is totally flawed. Only the few benefit with wealth far in excess of their wildest dreams whilst millions starve to death every year (I thought again that our present leaders were doing something substantial about this awful situation, but I have not heard/seen anything of any major substance yet). Economics has now to change to 'need' economics from the greed economics of the past. If not, the capitalist system will eventually be the end of human life on this planet. It is only a matter of decades and not centuries we are looking at here as natural resources deplete.

Let us hope therefore that the financial collapse of major institutions that exploited/supported past greed to the limits and where the US government is now pumping in at least US1 trillion just to buy the debt that they have created, will make our political masters see the light and that a new dawn has to be forged based upon humanitarian principles and not the planet's destructive forces - super capitalism (globalization).

Next month the World Innovation Foundation's new global economic framework will be outlined in accordance with what is required by the laws of sustainability and the continuation of the human experience. This outline is being given to Press TV and no other Media source. Therefore if those who wish to know of a new system based on human values and international commerce I would recommend that they visit Press TV around the end of October. It is a totally independent submission based upon the private thinking of many of the world's leading minds.

Dr David Hill

World Innovation Foundation Charity (WIFC)

Bern, Switzerland

Save them all!

Save the status quo! Dollar be damned! Bail them out!

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