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"In The Seventh Year" (NYT: Roger Cohen)

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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-10-08 11:47 PM
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"In The Seventh Year" (NYT: Roger Cohen)

"And it came to pass that this profligate nation, drinking oil with insatiable thirst, could not cure itself of this addiction, and so its wealth was transferred to other nations that did not always wish it well.

Wherefore the balance of power in the world was altered in grievous ways, and new centers of authority arose, and they were no more persuaded by democracy than was the Pharaoh."







In the Seventh Year

By ROGER COHEN
Published: September 10, 2008

And in the seventh year after the fall, the dust and debris of the towers cleared. And it became plain at last what had been wrought.


For the wreckage begat greed; and it came to pass that while America’s young men and women fought, other Americans enriched themselves. Beguiling the innocent, they did backdate options, and they did package toxic mortgage securities and they did reprice risk on the basis that it no more existed than famine in a fertile land.

Thereby did the masters of the universe prosper, with gold, with silver shekels, with land rich in cattle and fowl, with illegal manservants and maids, with jewels and silk, and with Gulfstream V business jets; yet the whole land did not prosper with them. And it came to pass, when the housing bubble burst, that Main Street had to pay for the Wall Street party.


(...)

Yet many Americans believed the exhausted beast could still provide bounty. They did hold that a people called the French was to blame. They did accuse a creation called the United Nations. They did curse the ungodly sophisticates of Gotham and Hollywood and sinful Chicago; and, lo, they proclaimed God was on their side, and carried a gun, and Darwin was bunk, and truth resided in Alaska.





more:

http://www.nytimes.com/2008/09/11/opinion/11Cohen.html?partner=rssnyt&emc=rss
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anitar1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-11-08 01:25 AM
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1. Thanks for posting this, chill_wind.
Excellent.
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bronxiteforever Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-11-08 06:52 AM
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2. k &r great piece
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dtotire Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-11-08 06:55 AM
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3. Good One, I was just going to post it n/t
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-11-08 09:21 AM
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4. am kick..... hope more get to catch this one
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-11-08 04:22 PM
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5. A most righteous column.
Thanks for the thread, chill_wind.:thumbsup:
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MISSDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-11-08 04:52 PM
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6. Great article but there is McCain neck and neck with, or worse yet,
leading Obama. What do people not get?
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