Friday, October 10, 2008

U.S. Democratic Capitalism's Renaissance Denied: More Than $8.4 Trillion Lost Since U.S. Stock Market Hit All-Time High One Year Ago Thursday

Odeon. (Vomitorium with Telamon)
1978; Pompeii, Ancient Roman Empire [a UNESCO World Heritage Site].


While Pan Cogito attended to the welfare, security, and health of his art curator wife yesterday, the U.S. markets lost about another $1 trillion -- give or take. His thoughts turn yet again to Athenian democracy and its "enforced" cultural renaissance of 2,500 years ago.

The richest man in the world, culture-less Warren Buffett, is reported to have grown $8 billion richer from Aug. 29 to Oct. 1, 2008.

E.S. Browning and Annelena Lobb "Market's 7-Day Rout Leaves U.S. Reeling" Wall Street Journal October 10, 2008




Photo credit: (c) Paula Chabot and -- A Virtual Community for Teaching and Learning Classics [funded in part by the National Endowment for the Humanities]. With thanks.


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