Word: messe
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Address the anger. The public is mad about having to bail out the financial institutions who got the world into this mess - and the recent revelations about payouts to fat-cat executives at AIG, RBS and elsewhere are stoking the anger. It's time for some symbolic action. One suggestion: an agreement that every firm receiving taxpayers' money should pay its employees the same as other public-sector workers, such as teachers. That would assuage public fury, and provide an incentive for the banks and insurers in question to sort out their problems fast...
...probably need an over-the-top catharsis or two like that to get the popular rage under control. As it is, guilt and anger are being splashed about chaotically and inefficiently--and people like Barack Obama, who had nothing at all to do with the creation of this mess, are being blamed. That is very dangerous at a moment when there is a desperate need for patience and rationality...
...outrage," President Barack Obama has said. His top economic adviser, Larry Summers, called the AIG saga the "most outrageous" of the current financial crisis. "It's an outrageous situation," agreed Senate minority leader Mitch McConnell. His House counterpart, John Boehner, said the Obama Administration's handling of the AIG mess was "outrageous." Senate Banking Committee chairman Chris Dodd claimed to have warned Treasury Secretary Tim Geithner that the bonuses would be met "with an unprecedented level of outrage...
...might even spark a stock-market rally. But the banking industry's hopes are more modest: "As long as he comes out with details on the public-private investment fund, then it's not a miss," says Talbott. If he doesn't, he'll have an even bigger mess on his hands. Alabama Senator Richard Shelby - the ranking Republican on the Senate Banking Committee - Senator John McCain and others have called for the government to stop messing around and just let the bad banks fail. If Geithner doesn't deliver, they'll surely deliver the same verdict...
...Either way, you're going to make a mess, and surprisingly fast. Volkow points out that even without increasing dopamine output, modafinil blocks the re-uptake of more than half the amount the brain naturally releases. "This completely negates the argument that modafinil has no dopaminergenic effect," she says. "It does have the drug signature required to produce addiction." The safe party drug, once again, is not nearly as safe as it seems...