Technologos On Congress Hearing Warning Testimony By Illarionov To Obama & Biden Political Opportunism As Policy Of Collaborationism With Russia ex-KGB CORPORATE Putin System – PUTINISM

During Congress hearing with key testimony by ILLARIONOV A DEFIANT INSIDER CRITIC OF PUTIN KGB CORPORATE STATE as EX-CHIEF ECONOMIC ADVISER TO KREMLIN 2001 – 2005, along with Legvold – Columbia univ prof, and Pfifer US ex embassodor to Ukraine all giving their testimonies on panel ‘From Competition to Collaboration: Strengthening the U.S.-Russia Relationship’ chaired by Howard L. Berman (D-CA). http://www.xmail.net/technologos/APUT.html In Illarionov eyes today’s Russia is not a democratic country. One of the most important characteristics of the current political regime in Russia is that the real political power in the country belongs to the corporation of secret police operatives
http://international.edgeboss.net/real/international/fc02252009.smi View Illarionov views on financial crisis along with elink to Illarionov testimony and Interview in English on Putinism as system. In his written testimony : Policy of the proclaimed “cooperation”, “movement from competition to collaboration”, “improvement of relations” with the
current political regime in Russia has very clear consequences. Such type of behavior on the part of the US administration can
not be called even a retreat. It is not even an appeasement
policy that is so well known to all of us by another Munich decision in 1938. It is a surrender. It is a full, absolute and unconditional surrender to the regime of the secret police officers, chekists and Mafiosi bandits in today’s Russia. It is a surrender of the hopes and
efforts of the Russian democrats as well as peoples of the post-Soviet states who dreamed to get out of the system that controlled and tortured them for almost a century– back to the Chekists’ power.

Collaboration between two governments today could be only on the
Russian regime’s terms and for fulfillment of the Russian government’s goals. From the European history of the XX century we know what means if a revisionist power has a clear-cut goal to restore influence and control over its neighbors while other powers chose not to defend
victims of the attacks, but instead try to collaborate with an
aggressor. We know the consequences of the collaborationist policy –those who retreat andsurrender will get not peace, but war, war with unpredictable and nasty results. It might be also not a one war.
When the world will get there, we need to remember that we had a
warning.
http://www.cato.org/mediahighlights/index.php?highlight_id=22 REVEALS PUTIN REGIME SYSTEM’s JUSTICE FARCE as open trial on the murder of journalist Anna Politkovskaya ended with acquittal in Moscow military court. http://www.xmail.net/technologos/AAAA.html View POLITICAL DISSIDENT GALINA STAROVOITOVA IN ST PETERSBURG who was murdered in St Petersburghttp://www.xmail.net/technologos/ASTAR.html AND SVETLANA ALLILUEV STALIN DAUGHTER ESCAPIST STORY EPITOMISES TRAGICOMEDY FATE OF RUSSIA’s WOMEN OF TALENThttp://www.xmail.net/technologos/ADS8.html

Technologos On Law Moral Dilemma: Jailing Or Not Kidler Jordan Brown – The Kid Accused In Murder His Would be Stepmother Kenzie Houk

Juvenile Jordan Brown was taken into custody after police discovered the body of 26-year-old pregnant Kenzie Marie Houk, his would be stepmother.
11-year-old boy is accused of the horror double murder, caught in limbo between adult and juvenile courts, sits alone in a county jail.
“Yeah, it’s enough to make me throw up,” said Lawrence County
DA John Bongivengo, prosecutor of the child who, in the eyes of the law, is an adult facing criminal charge: premeditated homicide. “I’m not necessarily sure that I want him sitting in jail while we figure all this out,” said Mr. Bongivengo. Kid’s defense lawyer Dennis Elisco planned to file motions today asking a judge to move the case to juvenile court and let the boy’s father post bail. “I don’t think anybody wants him in the county jail,” Elisco said. But Pennsylvania law requires that any child 10 and older accused in a homicide must be charged as an adult which puts the law at odds with mental health experts.
“What makes an 11-year-old do something like that nowadays?”
said a man who lives in Wampum, Pa. “But it’s kind of a growing thing in America today … and I don’t understand why.”
An 11-year-old kid, what would give him the motive to shoot someone?” Kenzie Marie’s father, Jack, asked.
“Maybe he was just jealous of my daughter and the baby and thought he would be overpowered. View technologos webcinema at http://www.xmail.net/technologos/
“The shot was in the back of the head at point-blank range,”
said John Bongivengo, Lawrence County’s District Attorney.
That’s how 26 year old Kenzie Houk died Friday morning near
Wampum in New Beaver borough. The death of Houk also caused the
death of her unborn fetus, as she was only two weeks away from
giving birth to a baby boy who died within minutes due to a lack of oxygen.

Jack Houk- Father of Victim: “Right now, I’m talking from the
bottom of my heart. I’m hurting so bad, you wouldn’t believe,”
said Kenzie’s father, Jack.
http://cbs13.com/national/boy.murder.suspect.2.941953.html
11-Year-Old Murder Suspect Will Be Tried As Adult
View technologos webcinema update on the murder story http://www.wytv.com/content/news/local/story/Wampum-Murder-Update/bllnT5dt-UW_8oghLtI7Nw.cspx

TECHNOLOGOS ON CONMEN INVESTORS AS FINANCIAL SWINDLERS: STANFORD & MADOFF INVESTMENTS SCHEMES ENTERPRISES AS PONZI MINDSET PYRAMIDE

TECHNOLOGOS CINEMASCAPES ON STANFORD View flamboyant Sir Allen Stanford Interview with NBC in 2008 where he claims he owns and runs 50 Blns investment empire so was MADOFF INVESTMENTS SCHEMES ENTERPRISES- PONZI MINDSET PYRAMIDE SCHEMES EPITOMISES SEC & WALL STREET SYSTEMIC FAILURE AND FINANCIAL COGNITIVE FALLACY

Stanford’s personal fortune estimated over $2 Blns while he financially seduced US politiicians donating over 5 Mlns in the last decade as he grabbing cricketters wifes on the video believing he owns this sport as he owns homes in Miami, owns the Virgin Islands and Antigua being knighted as Sir , and in them he has entertained powerful American politicians from both sides of political spectre. A fund of hedge funds run by son and brother of U.S. Vice President Joe Biden’s was marketed exclusively by firms controlled by Stanford. He has an estranged wife, a girlfriend, former girlfriends and at least six children by four women with monthly tab to supportl runs upward of $200,000.

STANFORD’s FRAUD EXPOSES AGAIN SEC AS US FINANCES WATCHDOG IS IRRELEVANT in new global finances era when financial markets are much more complex than in the past to monitor and control while the crises are more intractable and the risks ncalculable. Allen Stanford was questionned by the SEC about high returns on depositors investments while all other financial indicators trend downwards as the cause to file civil legal suit.The SEC has accused Stanford along with Davis, 60, and Pendergest-Holt, 35, of running a “massive, ongoing fraud” that misled investors in about $8 billion in certificates of deposit issued by Stanford International Bank, which SEC said promised “improbable, if not impossible” returns. The FBI served him on Feb. 19 in Virginia with court papers related to the SEC’s civil lawsuit but he was not under criminal investigation.
Madoff fraud exposes the SEC’s void of supervising the fund or being directly IMPLICATED in the con-artist scheme by covering it as it never examined his investment advisory business as $50 Blns fraud deal while creating mistrust and panique towards banks and financial institutions. http://www.xmail.net/technologos/ALAN.html and http://www.xmail.net/technologos/ The renown economists Roubini and Taleb, who predicted the global economic downturn even called for a nationalization of banks to stop the financial system meltdown while Nobel prize-winning economists Joseph Stiglitz and Paul Krugman and financier George Soros have challenged market fundamentalism ideologies.
Technologos proposing creating an economic psycho science institution to define how to monotor and control a new financial order taking in account feasable cognitive insights of mental and psycho processes where information technology construct intelligent finance models infrastructure global topology and new financial theory of global monitoring framework analising phony market ideologies fallacies http://www.xmail.net/technologos/ALAN2.html View NOBEL PRIZE ECONOMY WINNERS WEBCINEMA AS ANTIDOTE http://www.xmail.net/technologos/ANASH.html and http://www.xmail.net/technologos/ALAN1. Greenspan legacy of financial meltdown with his acceptance of conceptual flaw in the financial monitoring system.

Technologos On Media Psychoanalyses Ethics Controversy Towards Octuplets Mother Courage Nadya Suleman

dad

)http://www.xmail.net/technologos/AAA.html
Ed Doud octuplets granddad interview on Oprah show
“Now I’m no psychiatrist, but I question her mental situation,” he said, adding that both his daughter and her fertility doctor were “absolutely irresponsible” to allow her to become that pregnant.
Octuplets mother Nadya Suleman commented : I really wish he didn’t. I would have liked to go on Oprah since her audience is mainly female, I think it would have heightened things so much more. Earlier
in a confessional interview Nadya said that her childhood left her feeling a lack of “self and identity” (view cinema interviews of Nadya at technologos webcinema chronicles ) http://www.xmail.net/technologos/AnnaS1.html
I didn’t feel as though, when I was a child, I had much control of my environment. I felt powerless. And that gave me a sense of predictability. Reflecting back on my childhood, I know it wasn’t functional. It was pretty dysfunctional, and whose isn’t?” Nadya’s obsession with having kids comes from her dysfunctional upbringing. “Dad wanted four or five kids but Mum didn’t want any because she had grown up with abuse. I am done having children now. My family is complete and I would not change anything. It is going to be a lot more challenging with the extra children but we all do that we know best”.
Ann Curry on the interview with Nadya: We did not offer her any money or offer her any deals. She did not get paid for anything. Nadya Suleman tells us that she wanted to go on camera to tell her story because she was hearing all the criticism and even death threats against her. NB Nadya Suleman has received hate mail and death threats through her new website thenadyasulemanfamily.com
Octuplets grandma Angela Suleman said her daughter did not expect to have octuplets, but that all the implanted embryos “happened to take” but that her daughter felt like she had little choice. “What do you suggest she should have done?” Angela Suleman said. “She refused to have them killed. Nadya has given them all Biblical names. Seven of them are dark-haired, but one, Noah, shows my side of the family. He looked so cute with his purple skin and bright yellow hair.” Angela told that Nadya turned her boyfriend into a sperm donor for all 14 kids, but refused to marry him. “He was in love with her and wanted to marry her,” said Angela. “But Nadya wanted to have children on her own.”
Angela in exclusive interview with CBS Maggie Rodriguez she pleaded her daughter’s doctor not to impregnate Nadya again
Nadya Suleman on NBC with Ann Currie as broadcasted on the “Today” show Monday, Feb. 9 … “Those are my children, and that’s what was available and I used them. So, I took a risk. It’s a gamble. It always is.”

TECHNOLOGOS ON ANNA POLITKOVSKAYA MURDER TRIAL JURY VERDICT NOT GUILTY IS A VERDICT GUILTY OF INJUSTICE TO THE CORRUPTED RUSSIA LAW SYSTEM

ANNA POLITKOVSKAYA MURDER TRIAL FIASCO as http://www.xmail.net/technologos/Anna1.html the accused acquittal highlights the difficulties prosecutors have faced in persuading jurors in high-profile criminal trials. Politkovskaya’s family and colleagues questioned the soundness of the case prosecutors built against Khadzhikurbanov and the Makhmudov brothers over the course of the investigation and trial and investigation was was done ineffectively as Anna Politkovskaya’s colleagues at Novaya Gazeta admit that the case against the three accused men was weak, based primarily on the testimony of one man, Dmitry Pavliuchenkov, a former colonel in an elite police surveillance unit who testified that Khajikurbanov tried to recruit him to put Politkovskaya under surveillance in late Sept 2006 but his testimony is compromised as the two had dispute about $25 K debt.
Most Human rights activists were also critical about the quality of the investigation while defense lawyers say prosecutors consistently produce shoddily crafted cases against suspects, thus leading to jury acquittals. In May 2006, a jury acquitted two Chechen men, Kazbek Dukuzov and Musa Vakhayev, in the 2004 murder of U.S. journalist Paul Klebnikov in Moscow http://www.xmail.net/technologos/Aforbes.html
Russia investigative journalist http://www.xmail.net/technologos/ANNA.html ANNA POLITKOVSKAYA MURDER TRIAL ENDS WITH ACQUITTAL OF ALL ACCUSED: Sergey Khadzhikurbanov, ex-police officer, the Makhmudov Brothers, Ibragim
and Dzhabrail – brothers of suspected killer Rustam and ex FSB/KGB Lt Colonel Pavel Ryaguzov were found not guilty PROVES JUSTICE TRAVESTY PREVAILS IN MOSCOW AS RUSSIA LAW SYSTEM IS ABSOLUTELY CORRUPTED TO CONDUCT POLITICAL MURDER INVESTIGATION
http://www.xmail.net/technologos/Anna.html REVEALS PUTIN REGIME SYSTEM’s JUSTICE FARCE as open trial on the murder of journalist Anna Politkovskaya proceeds in Moscow military court. http://www.xmail.net/technologos/AAAA.html View POLITICAL DISSIDENT GALINA STAROVOITOVA IN ST PETERSBURG who was murdered in St Petersburghttp://www.xmail.net/technologos/ASTAR.html AND SVETLANA ALLILUEV STALIN DAUGHTER ESCAPIST STORY EPITOMISES TRAGICOMEDY FATE OF RUSSIA’s WOMEN OF TALENThttp://www.xmail.net/technologos/ADS8.html Homage to ANNA POLITKOVSKAYA 2nd anniversary of her assasination in Moscow: film LETTER TO ANNA, directed by Eric Bergkraut http://www.xmail.net/technologos/ANNA.html and technologos webcinematic narrative http://www.xmail.net/technologos/AAAA.html View chechen terrorrists at moscow theatre

TECHNOLOGOS ON MACABRE HONOR KILLING BY BRIDGES TV EXEC Muzzammil Hassan HIS ESTRANGED WIFE Aasiya Zubair

Aasiya Z. Zubair, 37, was found dead on Thursday at the offices
of Bridges TV in Orchard Park, N.Y., near Buffalo. Her husband,
Muzzammil Hassan, 44, has reportedly been charged with
second-degree murder.

Muslim Television Channel Founder Charged With Beheading His
Wife. The estranged wife of a Muslim television executive feared
for her life after filing for divorce last month from her
abusive husband and was found beheaded Thursday in his upstate New York television studio. By the muslim culture experts it has all the markings of an honor killing as Aasiya Zubair expressed through the legal system that she was being abused, and at the moment she asked for divorce, she’s not only murdered but she’s decapitated.This is, from a cultural point of view, an honor killing as honor killings typically are Muslim-on-Muslim crimes and largely involve teenage daughters, young women and wives while gruesome nature of the murder matches the characteristics of an honor killing.
NB According to anonimous police source, Aasiya Zubair was stabbed multiple times, suffering perhaps as many as three dozen stab wounds with a steak knife in a “frenzied killing.” She was then beheaded by the same instrument and according to this source, Mr. Hassan told police that because she was beheaded, she would not be permitted entry into paradise, a reference to his Islamic beliefs. “It was all about honor, and the dishonor she [the victim] was bringing upon him and his family,” stated this source. “There was definitely a cultural if not a religious aspect to these incidents,” added this source. Thus, the murder and beheading of Aasiya Zubair Hassan transcends the issue of domestic violence.
http://www.msnbc.msn.com/id/21134540/vp/6688989#6688989
Muzzammil Hassan’s home in the suburbs of Buffalo is
has become a television production center of sorts. It’s home to BridgesTV, which bills itself as “the American Muslim lifestyle
network.”

Bridges TV is the brainchild of Aasiya Zubair, an
architect, and her husband, Muzzammil Hassan, a banker. They were
disturbed that negative images of Muslims seem to dominate TV,
especially after 9/11.
“I did not want my kids growing up to watch Muslims
being portrayed as terrorists,” says Zubair. The face of Bridges TV public marital partnership in the Hassans clearly had a false pretense of respect which revealed itself when Aasiya Hassan took out an order of protection against her husband and filed for divorce less than a week before her gruesome murder on February 12, 2009. View technologos webcinema at http://www.dailymotion.com/TECHNOLOGOS

TECHNOLOGOS ON FRENCH and British NUKE SUBMARINES BIZZARE SEABED COLLISION IN ATLANTIC OCEAN CAT AND MOUSE GUERRE DROLE WARGAME

The vessels, on patrol in stealth mode and were armed with up to 32 ballistic missiles between them, collided 1,000ft underwater in the Bay of Biscay near Spain as most navies use the same home stations as nesting grounds, quiet areas, deep areas, roughly the same distance from their home ports meaning there is always the risk of a seacrash.

Embarrased British Navy Lord Sir Jonathon Band at the conference confirmed the crash of the submarines in Atlantic and so with french Canal Plus interview French Defense Minister Herve Morin who was riduculais saying” These submarines are undetectable, they make less noise than a shrimp..” View his interview in french cinematic portrait http://player.canalplus.fr/#/215764/@pid1744.htm

Bizzare nuclear subs crash in Atlaintic seabed on the night of 3rd/4th February was not reported by the official French & British Navies but exposed by London tabloid Sun & chairperson Kate Hudson of the Campaign for Nuclear Disarmament declared the incident as a nuclear nightmare of the highest order: The collision of two submarines, both with nuclear reactors and nuclear weapons on board, could have released vast amounts of radiation and scattered scores of nuclear warheads across the seabed. View http://www.xmail.net/technologos/AAA.html This is the most severe incident involving a nuclear submarine since the sinking of the Kursk in 2000 and the first time since the Cold War that two nuclear-armed subs are known to have collided. Submarine collisions are uncommon, but happens as in 1992, the USS Baton Rouge, a submarine belonging to the United States collided with the Sierra-class attack Russian submarine K-276 that was surfacing in the Barents Sea. The present crash could have been a coincidence but more probable that one vessel was chasing the other, trying to figure out what it was playing the cat and mouse sort of hide and seek game when submarines come across similar vessels from other navies, they seek to get as close as possible without being detected playing games with each
other and stalking each other under the sea practicing being able to kill the other guy’s submarine before he could launch a missile.
The crash, on the night of 3rd/4th February had destroyed the sonar dome of the French boat and left visible scrapes and dents on the hull of HMS Vanguard, which carries 16 Trident missiles and up to 48 nuclear warheads each eight times the power of the Hiroshima bomb while the french Le Triomphant, also the lead-boat in her class, carries the same number of missiles, though each warhead is even more devastatingly powerfull then Vanguard. The greatest danger in a collision was the hull being punctured and the vessel sinking, rather than a nuclear explosion. View the film on the Kursk submarine which sank in 2000 in the Barents Sea investigate as working hypothese as the collision with US submarine by doc filmmaker JM Carre mystery saga investigated docdrama presented here as dark legacy of secretive putin regime of autocracy and cruelty.The sinking of the Kursk nuclear submarine was not a collision with US sub in 2000 as the present story of French and British subs but due to accidental torpedo explosion inside the vessel during routine practice manoeuvres is Russia’s worst ever disaster. All 118 sailors aboard died while no rescue was offered by Putin. In the end all 118 members of the crew onboard were killed, in spite of a late and dramatic rescue effort from a British team to free the trapped Priz submersible and its crew of seven from the seabed. There is believe that 23 sailors who survived the first blast could be saved, had the Russian navy reacted in time.
View technologos cinematic portraits http://www.xmail.net/technologos/

TECHNOLOGOS CINEMATIC ECOLOGOS LEADING ECONOMISTS PREDICT ECONOMY APOCALYPSYS – Volcker, Roubini, Stiglitz PORTRAITS

TECHNOLOGOS PROPOSING ALTERNATIVE FINANCIAL SYSTEM FRAMEWORK CREATION TO REORGANIZE AND REFORMULATE FUNDAMENTAL FINANCIAL CONCEPTS OF CREATING WEALTH CHALLENGING TREASURY SECRETARY GEITHNER OUTLINED PATCHWORK OF RESTORATION OF OLD FINANCIAL SYSTEM INSTRUMENTS AND INSTITUTIONS AS VOID STRATEGICAL GLOBAL OUTREACH TO JUMPSTART ECONOMY BY STABILIZING DYSBALANCED & DYSFUNCTIONAL FINANCIAL SYSTEM. View ECOLOGOS http://www.xmail.net/technologos/AAA.html Paul Volcker Forecasts US Economy Crisis Technologos proposing design robust and resilent banking infrastructure parasigm in parallel with rebuilding the old one with priority of financial intelligence and redundancy features by creating prototype model through economic psycho science institution to define how to monitor and control a new financial order architecture by taking in account feasable cognitive insights of mental and psycho processes where information technology construct intelligent finance models infrastructure global topology and new financial theory of global monitoring framework analising phony market ideologies fallacies View http://www.xmail.net/technologos/ALAN.html and http://www.xmail.net/technologos/
House Financial Committee at the Congress renown economist Roubini
predicts the global economic downturn and now calls for a nationalization of banks to stop the financial system meltdown while Nobel prize-winning economist Joseph Stiglitz at the University of Edinburgh presents Globalisation & the 21st Century Enlightenment lecture focusing on present crisis

along with Paul Krugman who thinks this crisis is out of control and there is no reason to think there is any spontaneous mechanism for recovery as a financier George Soros have challenged market fundamentalism ideologies and criticize inadequate old policies solutions to imminent global financial crisis created by the WS banks and not willing to participate with gov proposal to invest in it’s chimeric gov-private investment fund to save the failed banking industry. Financial bailout plan should consider nationalizing the troubled banks it is assisting in the plan thinks Stiglitz so the bailout program thus far was flawed. “It’s very strange to have a system of capital allocation when the ones allocating the capital don’t bear the risk…that’s not capitalism, that’s not a market economy. So all the theories about why a market economy will work well have been totally destroyed by the role the government has taken in absorbing risk”
http://www.xmail.net/technologos/ALAN2.html View NOBEL PRIZE ECONOMY WINNERS WEBCINEMA AS ANTIDOTE http://www.xmail.net/technologos/ANASH.html and http://www.xmail.net/technologos/ALAN1. to Greenspan fallacy legacy of financial meltdown with his acceptance of conceptual flaw in the financial system. View Barney Frank interview suggesting creating global economy regulations while reorganizing US system.

TECHNOLOGOS In Memoriam of Buffalo Aircrash Victims Beverly Eckert & Alison Des Forges

Among Buffalo aircrash victims are brave ladies as Beverly Eckert 9/11 Widow & Alison Des Forges, Human Rights Historian and crashed plane copilot, 24-year-old Rebecca Shaw.http://www.xmail.net/technologos/AWTC.html
In memoriam of Beverly Eckert, a widow of Sean Rooney who died in 9/11 2001 terror attack in New York . She was co-chairwoman of Voicesof September 11, a group that pushed for investigation into the attack and a memorial for victims – a small group of Sept. 11 widows, mothers, and children who became amateur lobbyists, ultimately forcing lawmakers in 2004 to pass sweeping reforms of the U.S. intelligence apparatus. Technologos webcinema http://www.xmail.net/technologos/AAA.html and http://www.xmail.net/technologos/
Alison Des Forges chronicles Rwanda genocide cinematically without the self-righteous vice of human-rights experts. She wrote her book about the genocide, “Leave None to Tell the story,” and won a MacArthur Award – the “Genius Grant” in 1999. Technologos webcinema http://www.xmail.net/technologos/Awarpeace.html and http://www.xmail.net/technologos/ANNA.html

TECHNOLOGOS ON BLURRED Treasury Sec. Geithner VISION OF NEW FINANCIAL ARCHITECTURE

TECHNOLOGOS PROPOSING ALTERNATIVE FINANCIAL SYSTEM  FRAMEWORK  CHALLENGING  TREASURY SECRETARY GEITHNER OUTLINED PATCHWORK  OF RESTORATION OF OLD FINANCIAL SYSTEM INSTRUMENTS AND INSTITUTIONS AS VOID  STRATEGICAL GLOBAL OUTREACH TO JUMPSTART ECONOMY BY STABILIZING DYSBALANCED &  DYSFUNCTIONAL FINANCIAL SYSTEM.   Technologos proposing design robust and resilent banking infrastructure  with priority of financial intelligence and  redundancy features by creating prototype model through economic psycho science institution to define how to monitor and control a new financial order architecture by taking in account feasable cognitive insights of mental and psycho processes where information technology construct intelligent finance models infrastructure global topology and new financial theory of global monitoring framework analising phony market ideologies fallacies  View http://www.xmail.net/technologos/ALAN.html and http://www.xmail.net/technologos/  as renown economists Roubini and Taleb, who predicted the global economic downturn even called for a nationalization of banks to stop the financial system meltdown while Nobel prize-winning economists Joseph Stiglitz and Paul Krugman  who thinks this crisis is out of control and there is no reason to think there is any spontaneous mechanism for recovery  “To solve the current economic problem, the government must be willing to run up a 40 percent budget deficit,  the risk of not doing it is greater than running up the debt required to do it , Krugman said. 
The financier George Soros have challenged market fundamentalism ideologies and criticize inadequate old policies solutions to imminent global financial crisis created by the WS banks  and not willing to participate with gov proposal to invest in it’s chimeric gov-private investment fund to save the failed banking industry. Financial bailout plan  should consider nationalizing the troubled banks it is assisting in the plan thinks Stiglitz  so  the bailout program thus far was flawed.  “It’s very strange to have a system of capital allocation when the ones allocating the capital don’t bear the risk…that’s not capitalism, that’s not a market economy. So all the theories about why a market economy will work well have been totally destroyed by the role the government has taken in absorbing risk”
http://www.xmail.net/technologos/ALAN2.html View NOBEL PRIZE ECONOMY WINNERS WEBCINEMA AS ANTIDOTE http://www.xmail.net/technologos/ANASH.html and http://www.xmail.net/technologos/ALAN1. to Greenspan fallacy legacy of financial meltdown with his acceptance of conceptual flaw in the financial  system.  View  Madoff Affair Hearing in Congress where SEC  which epitomize the financial monitoring institution folly or fallacy on mock Trial by inquisitive senators  while the principal  whistleblower  Markopolos testifies.
  Subcommittee criticises senior staff members at the Securities and Exchange Commission as irresponsible and inapt to respond to tipster Markopolos’s on Madoff Ponzi scheme exposure critiques, which he summarized in his testimony – the agency “is nonfunctional and, as witnessed by the Madoff scandal, is harmful to our capital markets and harmful to our nation’s reputation as a financial leader.”