Arundhati Roy Quotes
The UID is a corporate scam which funnels billions of dollars into the IT sector
Roy, Arundhati. Capitalism: A Ghost Story. Haymarket Books, 2014.
At the time of this article there was noting illegal in most states about some third party with no connection with a candidate or a campaign whatsoever, to describe a candidate and his/her opposition and just like a campaign in a direct-mail solicitation, ask for funds to help the candidate win. They just pocked the money and never help the candidate. In the most egregious cases the same outfit send solicitations to Democrats and Republicans for the SAME contest with different appeals so they can deceptively collect money from supports of both candidates and help neither—only enrich themselves. Scare tactics, like saying an opponent wants to reduce Social Security benefits or increase Medicare charges, are particularly difficult to identify as so much right wing direct mail uses scare tactics the raise funds for campaigns. The left does also, but not as frequently adn they are not as good at it.
Wall Street and the business community urged caution about initiating war with Spain and advised the administration not to be stampeded into war by the massive public sentiment to war against Spain. The reaction to Wall Street by most Americans was one of anger and absence of patriotism. This editorial was more eloquent than most but expressed the then popular negative view of Wall Street.
In the economic meltdown of 2008 and the aftermath, there were so many criminal violations of law in the financial industry that even the Democratic administration of Barack Obama chose not to jail the violators but to levy some large token fines albeit ones which were very affordable for the institutions who had to pay them—in many cases paying them with money made as a result of profits on no-interest money they received in bailouts after the 2008 Meltdown.
Greenspan was not the amoral fool that this quotation makes him seem. Despite the fact that he was the most important financial officer of the country, he had an ideological faith that a free market was self-corrective in a democracy. The financial industry would police itself he believed. He also trusted the self interest of the financial corporations to restrain them from getting too greedy -- {637989}. He and many others were wrong and most Americans paid the price.
Suzanna Arundhati Roy is an Indian author best known for her novel The God of Small Things (1997), which won the Man Booker Prize for Fiction in 1997 and became the best-selling book by a non-expatriate Indian author. She is also a political activist involved in human rights and environmental causes.
