Thursday, January 19, 2012

A MAD, MAD WORLD

The insanities of capitalism are many but it is doubtful if you could find a nuttier example than this one. "A one-cent copper coin minted in 1793, the first year that the United States produced its own, has fetched $1 million at a Florida auction. The Orlando Sentinel reports that the final bid by an unknown buyer for the coin was one of the largest sales at the Florida United Numismatics coin show and annual convention." (Associated Press, 7 January) This is happening in the same society wherein millions are trying to survive from day to day on less than $1.25 a day. RD

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