Saturday, September 20, 2008 12:34:08 PM
Once corruption is established, it is inerradicable. The key step is cooption of the judiciary. I find it revealing that the supreme court has taken an entirely pro-business bias (written up in the NYT magazine about 6 months ago). The recent decision favoring exxon over Alsaskan fishermen is a disgraceful case-in-point.
The policies that have been enacted are incoherent, have rewarded the worst players at the expense of all the rest of us, and like most command-economy interventions, is unlikely to work. After this, there will be no more bullets.
I don't think RD-1 matters much any more. Cor's fate is caught up in forces that will likely obliterate it along with many other businesses, good and bad.
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