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Week of October 12, 2008 - October 18, 2008

Uppity Women and Morons


I'm getting sick of writing about this whole Milton Friedman faith based economic theory.  I'm weary of bleating about the Ayn Rand cultists and how they have ruined my country. (I've written numerouus essays on Sheldon Wolin's "Democracy Inc: Managed Democracy and Inverted Totalitarianism and on Naomi Klein's "The Shock Doctrine".) When will we ever learn that "the smartest guys in the room" are dangerously close to actually being morons. (See Footnote on Ellsberg and Morons from Perlstein's "Nixonland".)

How many times have I as a woman rolled my eyes at utter stupidity coming out of male bosses' mouths?  How many insufferable conversations at the local watering hole did I have sit through before I learned to say, "Enough, you are speaking gibberish."

Turns out that another one of those uppity women was annoying the "three marketeers", Alan Greenspan, Robert Rubin, and Lawrence Summers back in the 1990's.
Katrina Vanden Heuvel has the story at The Nation.com and alternet.org. "The Woman Who Could Have Prevented this Mess Was Silenced by Greenspan, Rubin, and Summers."  The woman's name is Brooksley Born who 10 years ago was the head of the Commodity Futures Trading Commission.   http://www.alternet.org/workpl...

 

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