a good one... (thanks mom)

from a Salon article by Gary Kimya <-----click here for the whole article.
"The economic crisis has finally revealed the fundamental contradiction in the right's worship of unfettered capitalism, a fealty neatly summed up by the phrase "greed is good." Conservatives believe that the market is not only the greatest generator of profit but is also morally superior to any other system. It is morally superior to "do-gooder" liberalism because it encourages individual responsibility and hard work. By contrast, liberal redistributionist programs result in moral hazard and encourage malingering and irresponsibility.

But this happy vision in which the hardest, most responsible workers are also the wealthiest has now been shown to be a chimera. In the age of post-industrial, globalized, virtual capitalism, the biggest profits do not accrue to those who work the hardest, but to those who best know how to game the system. We all now know that we have been living in a world of Magic Money, a world of hedge fund managers and derivatives traders who made billions of dollars on arcane transactions they themselves did not understand. Until it all went south, these Masters of the Universe were the gods of the right. As in Calvinist theology, their worldly success proved their moral rectitude.

The problem for conservatives is that the world of Magic Money has now been shown to be utterly amoral. Money for nothing! That was the GOP's theme song. So the GOP can't suddenly attack the poor slobs who signed mortgages that were too good to be true without dethroning its golden idol of greed. You can't argue that Magic Money is good when you win and bad when you lose."

ps I love the word chimera.