“Where is capital being invested and by whom? China is buying up the natural resources around the world, something we used to do, while we are paying for soldiers in Afghanistan…. We need a government at this moment that is nimble, quick, can respond, and make smart investment decisions. Unfortunately, this is the very moment when our government is failing us."
We didn't listen to Spitzer when he tried to warn us about AIG. And look what happened: the U.S. taxpayer ended up forking over $180 billion for the shell of a company, in what Spitzer rightly described as the scam of the century.
Maybe we should start listening to Spitzer. Now.
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