Everything must justify its existence before the judgment seat of Reason, or give up existence.

Everything must justify its existence before the judgment seat of Reason, or give up existence

Just as Darwin discovered the law of development of organic nature, so Marx discovered the law of development of human history: the simple fact, hitherto concealed by an overgrowth of ideology, that mankind must first of all eat, drink, have shelter and clothing, before it can pursue politics, science, art, religion, etc.

The reaction in the market has a lot to do with the perception that Katrina is a reason for the Fed to pause its tightening. People definitely want to see when the Fed is going to be done. That has been the big stumbling block for the market.

Overconsumerism justifies everything.

Just as Marx used to say about the French "Marxists" of the late seventies: "All I know is that I am not a Marxist