Posted 6:45 PM by Gene

Though this is Mr. Morgan Chase "speaking", he (or Jennifer) obliquely hits upon something: the bust is at least as much a national moral failing as anything else. No one wants to say that because it makes the speaker into a PRUDE or worse, a CHRISTIAN, but there's no way around it. Had the CEOs known what the Golden Rule is (or was), had politicians not been so eager to win elections and suckle lobbyists to the exclusion of everything else, had the WIZARDS OF OZ and their half-brothers the MASTERS OF THE UNIVERSE seen that money pursuit is a poor substitute for real prosperity, we might have avoided the mess. Con-SER-va-tives have been deeply addled by this because for all their lip-service on abortion and traditional values they more than anyone else led the cheers for the GEKKOS, and without their stalwarts they've lost their courage, little enough to begin with. And day by day I'm thinking less and less of Ronald Reagan; he validated money as America's savior. And let us not forget, the S&L debacle that presaged this greater one happened on his lack-of-watch.