Picking the Bones of US Public Economy

To get a clearer picture of what privatization is all about, watch the video below.

I had to listen real closely to hear who the interviewee was talking about when at about 8:01 into the video he said that “… wasn’t stupid. He had ideas about liquidation, liquidation, liquidation…” He was talking about Andrew Mellon, the Treasury secretary from 1921 to 1932. Mellon thought that liquidation was the solution to the depression.

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