Quoting Mao once doesn't make him a Marxist--I'd need to see the rest of his record, but he sure sounds and acts like a thug or goon in a business suit.
Ron Bloom, giving a speech in which he says that "the free market is nonsense." Where does he find them?
“Generally speaking we get the joke. We know that the free market is nonsense. We know that the whole point is to game the system, to beat the market, or at least find someone who will pay you a lot of money because they’re convinced that there is a free lunch. We know this is largely about power, that it’s an adults only, no limit game. We kind of agree with Mao that political power comes largely from the barrel of a gun. And we get it that if you want a friend, you should get a dog.”
Tuesday, October 20, 2009
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Rob Bloom is just calling it the way he sees it. This guy ain't no commie Maoist. He has an MBA from Harvard and worked at Lazard Freres & Co - one of the most prestigious investment banks in the world. Lazard doesn’t hire people that don’t believe in Capitalism and they don’t hire idiots. “Free market” really means a free for all. To quote Hank Greenberg, the former CEO of AIG "all I want in life and business is an unfair advantage". Anyone that believes in "free markets" after seeing the French, Japanese and Chinese dump products and steal intellectual property in the 80s and 90s, the dotcom bubble, the real estate bubble and the recent Wall Street implosion is a complete nitwit.
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