Why do they pick on the poor Angles and Saxons?

It seems to be open season on Angles and Saxons. Our European friends say that the “Anglo-Saxon business model” is too dangerous to the world for it to continue as it is. 

“Self-regulation is finished, laisser faire is finished, the idea of an all powerful market which is always right is finished,” says France’s president, Nicolas Sarkozy. “The US will lose its status as the superpower of the world financial system,” says Peer Steinbruck, Germany’s finance minister.

Alfred Gusenbauer, the Federal Chancellor of Austria, recently wrote this stinging comment on the Anglo-Saxon Neo-Liberal model:

[A]bsolute freedom for the market will lead to Rockefeller’s dog getting the milk that a poor child needs for healthy development … This distributional quandary lies at the heart of the capitalist system, which is one of never-ending competition fueled by the drive to maximise profits. In such a world, there is no room for a social conscience.

This is coming from a country that may go bankrupt for making loans to Russia and Eastern Europe equal to 85% of its GDP. … Continue reading Failure of the Anglo-Saxon Business Model