Happy New Year From The McLaughlin Group

Today’s episode of the McLaughlin group was the second half of their 2008 Year-End Awards. For the “sorry to see you go” award John McLaughlin nominated capitalism as the biggest farewell of the past year:
“Capitalism… will be the ultimate casualty of the global economic crisis of 2008. Governments everywhere are implementing socialist measures. The golden age of capitalism is kaput. Managed capitalism is what rules.”
I think he’s jumping the gun a bit there. We may have nationalized banks and a promise of universal health care, but our public education system is still a joke and it remains to be seen if Obama’s going to come through with those health plans he promised.








