So far, the result of the banking crisis has NOT been to reinstate the rules and laws that prevented such a crisis for most of the last 80 years (the S&L debacle was a taste of the same hubris/deregulation). Except doing nothing in this case is your scenario #1. Both scenarios end with war, but one war is Israel versus Arab world with rest of world united against Israel, and option #2 is Israel against Palestinians and fragmented Arab world only (with a narrower waist). We have a winner!
- 8:08 PM
from the article: The Titanic has set sail for Palestine