Friday, July 25, 2008

Meditation Exercise for Friday July 25th

Meditate on this statement. Repeat it to yourself out loud and think about the what it says about the elites who guide policy and macro decision-making in the USA. Do two separate meditations - one where Messr. Paulson truly believes every word he utters and a second where he is lying:

"I don't see subprime mortgage market troubles imposing a serious problem. I think it's going to be largely contained," -US Treasury Secretary Hank Paulson, April 2007

Bonus Meditation: The Mogambo Guru issued a similar class exercise several years ago. I bring it out now for your consideration - To what circle of Hell, as depicted by Dante, will Alan Greenspan be consigned for his part in fueling the Greatest Credit Bubble of All Time?

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