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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (78614)1/31/2010 10:42:54 AM
From: Hope Praytochange   of 224750
 
By Martin Howell

DAVOS, Switzerland, Jan 31 (Reuters) - The top executive was on a roll -- Barack Obama didn't know what he was doing, he didn't understand business, he didn't realize knee-jerk pronouncements could destroy jobs.

It was a private, five-minute, expletive-filled tirade against the U.S. president for this reporter's benefit. Welcome to one aspect of the World Economic Forum's annual schmoozefest.

This unique event -- a gathering of several thousand of the members of the world's business and political elites for debate, dealmaking and a fair amount of partying in a ski resort in the Alps -- is in many ways an annual celebration for capitalists.

But this is a very dysfunctional family.

For the second successive year, the recriminations arising from the financial crisis were a dominant theme.

Sure, the global economy looks better - people are no longer talking about financial Armageddon, while some CEOs are talking about investing more, buying companies and even hiring.
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