More than eight years after 9/11, an amorphous state of mind has manifested itself in the actual state as a kind of Fear Inc. A number of factors have clearly gone into the creation of Fear Inc. and now insure that fear is the drug constantly shot into the American body politic.
There was a time when students used to protest about war, racism and other kinds of injustice. But now students at Santa Clara University are taking aim at what they see as a new form of injustice: allegedly poor cell phone reception of AT&T.
Mr Jamie Dimon, chairman of JP Morgan, told investors at the Wall Street bank's annual meeting that "there could be contagion" if a state the size of California, the biggest of the United States, had problems making debt repayments. "Greece itself would not be an issue for this company, nor would any other country," said Mr Dimon. "We don't really foresee the European Union coming apart."
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