Monday, July 13, 2009

Public service redefined

This exchange comes from Motley Fool by way of Rebellion:

Former U.S. Assistant Secretary of the Treasury Paul Craig Roberts was being interviewed by Max Keiser on "On the Edge" (Press TV):


Max Keiser: Quick question. What should the Treasury Secretary be doing?

Craig Roberts: He should be trying to save the dollar as the world's reserve currency which means stopping the wars, reducing the bailout money, and trying to reduce the trade and budget deficits in order to save the dollar. That's what he should be doing.

Max Keiser: Does the treasury secretary work for the people or does he work for the banking system on Wall Street?

Craig Roberts: He works for Goldman Sachs.

A generation ago, such an answer would have caused a major scandal. Now, it's business as usual as the greatest robbery in world history (that of our savings) continues unabated.

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