The current crisis does not mean, in and of itself, the end of the long agony of the capitalist regime, which we have been under for decades. Yet the indefinite delay of its collapse seems impossible.
Under the terms proposed [in the bailout plan], Bushs initiative would permit large companies to emerge unscathed from the disastrous consequences of their own greed, but would not lend an ounce of aid to citizens who have lost their homes or are about to lose them, in the midst of the real estate crisis shaking the United States.
That the United States of America provides this ray of hope for the depressed global scene is so much the better. Among the truly awful inheritances handed down from eight years of Bush, perhaps the worst is such acute and unintelligent anti-Americanism.