admit how large the debt is, they seem be prepared to throw money at it year after year, which is unsustainable. Hoping that the problem will

somehow go away is the response of a child.

I ought to have mentioned that the enactment of emergency legislation is potentially dangerous

because there is the real possibility that what was viewed as a response to an emergency becomes the norm. On the other hand, when it comes to the

financial sector, should we care.

While I agree with you about what is scary, what really scares me is that those in a position to do something, say along

Rooseveltian or Keynesian lines, are doing hardly anything at all. As for strikes in the financial sector, a Reagonite solution is at hand – I

never thought I would ever think this – and it is that since the banks are nationalized, strikes can be prevented through government legislation,

not unlike what Reagan did to the air traffic controllers.

Reagan’s justification was that the action would save lives. It seems to me to

be even truer now. While his justification was weak and the action unnecessary, such action seems to be essential now, as we may be entering

emergency territory. The members of the financial sector may have to be force fed like a goose and not just for Xmas.