Tuesday, April 30, 2013
Hari Seldon's Time Vault
Thursday, July 24, 2008
Hari Seldon Speaks!
Actually, it is Henry Liu, but Professor Seldon would have agreed: http://www.atimes.com/atimes/Global_Economy/JG22Dj06.html Debt capitalism self-destructs By Henry C K Liu In a period of less than a year, what had been described by US authorities as a temporary financial problem related to the bursting the housing bubble has turned into a fully fledged crisis at the very core of free-market capitalism. A handful of analysts have been warning for years that the wholesale deregulation of financial markets and the wrong-headed privatization of the public sector during the past two decades would threaten the viability of free-market capitalism. Yet ideological neoliberal fixation remain firmly imbedded in US ruling circles, fertilized by irresistible campaign contributions from profiteers on Wall Street, methodically purging regulatory agencies of all who tried to maintain a sense of financial reality. This ideology of "market knows best" has allowed the nation to slip into an unsustainable joyride on massive debt giddily assumed by all market participants, ranging from supposedly conservative banks, investment banks and other non-bank financial institutions, to industrial corporations, government sponsored enterprises (GSEs) and individuals...
Wednesday, March 19, 2008
The Seldon Vault Opens: Obama
"...at this time, you have most probably received a speech from the first black candidate for US President. The entire country will have embraced the wisdom shown in this speech and the country will renew itself..."
At this point, the dignitaries gathered in the Seldon Vault looked at each other with surprise and dismay, for the speech indeed had been delivered, but the crumby Right could not appreciate it. What would happen now?
"...your course for the future is obvious."
There was pandemonium. The vault room quickly emptied and the people scattered in many directions. Quite alone now, the holographic likeness of Hari Seldon went on, unheeded. "...and most unfortunately, the Tibet people who risked their lives, knowing full well that the Chinese tyrants would kill them, will have died in vain on the altar of Olympic money."




