Changeless Society Is Characterized By The Absense

The Generally Accepted View Is That Markets Are Always Right -- That Is, Market Prices Tend To Discount Future Developments Accurately Even When It Is Unclear What Those Developments Are. I Start With The Opposite View. I Believe The Market Prices Are Always Wrong In The Sense That They Present A Biased View Of The Future.

The Strength Of This Country Lies In The Declaration Of Independence And The Bill Of Rights And The Freedom Of Speech And Thought.

I Am Against Market Fundamentalism. I Think This Propaganda That Government Involvement Is Always Bad Has Been Very Successful - But Also Very Harmful To Our Society.

We Must Recognize That As The Dominant Power In The World We Have A Special Responsibility. In Addition To Protecting Our National Interests, We Must Take The Leadership In Protecting The Common Interests Of Humanity.

This Crisis Has The Potential To Be A Lot Worse Than Lehman Brothers.