Tag Archive 'Ben Bernanke'

May 05 2008

Emerging Markets: Living Well is the Best Revenge

“I’m as mad as hell, and I’m not going to take this anymore!”

That outburst is enshrined in movie history. It’s from the 1976 satire “Network,” which went on to win four Academy Awards.

The now-famous line gave fire to a diatribe by a news anchor named Howard Beale with declining ratings. Played by the great Peter Finch, he urges Americans to yell it out their windows during a dazzling lightning storm.

Beale rants “Everybody knows things are bad. It’s a depression. Everybody’s out of work or scared of losing their job. The dollar buys a nickel’s work, banks are going bust, shopkeepers keep a gun under the counter. Punks are running wild in the street and there’s nobody anywhere who seems to know what to do, and there’s no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TV’s while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that’s the way it’s supposed to be.” Continue Reading »

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