So here is a footnote to the Enrons and the Washington Mutuals of 2008; to all the companies that grew temporarily fat on the illusory con-game of the Bush "ownership society." A particularly ironic footnote. Let BearingPoint be the point man and standard-bearer of this message: Deregulation and Friedmanite proposals are not arguments to be rebutted, but scams to be revealed. No one in power who asserts them, means them seriously. Those underneath who take the rhetoric at face value, who vote for "conservative principles," are not so much wrong as suckers. But this poetic moment of justice for BearingPoint is also a reminder. As bad as things are here, they go far worse for the people in countries where we forcibly export this deregulatory sham; where the citizens never voted nor asked nor fell for it, at all.
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