We are still, politically, deep down, weak as a kitten.
He, Friedman, actually has some good, or not so bad as usual, ideas this time: Rogoff, mortgages, etc. He actually sounds a little like a 'communist' here. But all within the context of the existing 'framework' of course.
Unfortunately, not much has changed, really, regarding this framework, since the Albany Congress of 1754.
Maybe that is one reason why so many Americans are disenchanted with the current Congress members' performance: it pretends to portray a united entity.
But that was never what the colonists, from each colony, or perhaps more accurately, each big town, wanted, for various reasons. And it was not what they, or we, got.
What was that Conference about? Not what you may think.
A video reference: Before 1776, Allison, Teaching Company, Lecture 29.
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