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September 17, 2008

Economic policy option B

1. Wall Street is, by nature, greedy.
2. Employ regulation to create a healthy pursuit of greed.
3. Enjoy steady, slow, sustainable growth.
4. Nouveau greedy-types graduate with MBAs only to discover they can't afford $1000 Kobe hamburgers, super cars, or islands.
5. A few of the nouveau greedy find creative ways to circumvent regulation. They become very rich and then end up in jail.
6. Others, having seen what the nouveau greedy had been able to buy, find their own greed reawakened.
7. They elect politician who will bring back economic policy option A.

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