Saturday, July 5, 2008

"We Almost Deserve It"

or, What Will It Take For Americans To Wake Up?

From In Search of Optimism

Jamie Dimon, the affable grandson of Greek immigrants who runs J.P. Morgan Chase....

Government action is the key, Dimon said. To make his point, he asked the participants whether they were "pissed off" about the high price of gasoline at the pump. Most hands shot up.

"YOU HAVE NO RIGHT!" Dimon declared. "We almost deserve it," he said, because as a country we had dithered for decades rather than transforming our energy economy. "We knew about this in 1974!" he said. The crisis we face now is the result of a "lack of political will."

(read the entire article)


Labels: ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home