Wednesday, April 01, 2009

ANTI RENTIER CAPITALISM

In the early 19th century, the post-independence President of Paraguay, Jose Gaspar Rodriguez de Francia, passed a law forbidding any person from gazing at the Presidential palace and its police forces. Anybody caught looking in the direction of the Palace was shot on sight.

Protestors at today's G20 conference might like to see if staring too hard at one of her Majesty's rozzers carries the same penalty.

Meanwhile, here's another reason why people are gathering outside the Bank of England today: the buy-to-let debacle, another symptom of amoral finance (a burst bubble which Homo Ludens, with its Cassandra-like speculative powers, predicted 18 months ago).

0 Comments:

Post a Comment

<< Home