Dan Quayle ruins World Airways and loots it.

[AdHocSolver]

54. I agree that "Vampire capitalism" better describes what they actually do.

This thread is worth reading for its explaining of the "new" capitalism.

The repeal of the Glass-Steagall Act allowed "investment" banks to take over commercial banks and use depositors' assets to buy out businesses and strip them of their assets.

The Federal Reserve keeps interest rates low to enable the banks to exploit depositors' assets at essentially zero cost.

Then there is the IMF, the World Bank, the WTO, NAFTA, and the destruction of the environment for profit.

It is a shame that, when our civilization has achieved such advances in science, engineering, and medicine, it is going to collapse, just like every empire before it has, due to the greed, desire for unlimited power, and insanity of a handful of those who have already achieved wealth beyond avarice.

The psychopaths are in charge and those who are sane and still have some leverage are doing little or nothing to stop them.