Isn't it ironic that

[kandrathe]

Like I said in the beginning, lets try and make this crisis not for nothing so lets realize that the aggressive form of capitalism and loan-culture is not the way to go. However I am very skeptical that we will do something with those lessons.

This crisis is not an example of the sins of "Aggressive Capitalism", nor the merits of "Peaceful Socialism". Greed exists whether you call it a fox or a hound, and neither system would have told the emperor he was naked. There is a reason that some people like Warren Buffet, warned years ago that mortgage backed derivatives were "Financial Weapons of Mass Destruction", and counseled all his followers to stay away from them. The banks that did heed the warning will survive and those that got sucked into the siren song of easy money will fail or become wards of a State.

By the way, "Peaceful Socialism" has killed more people than wars ever will. Power in the hands of the State, will often result in the deaths of those citizens deemed unnecessary.