From the article:
"Smart Villagers separate the issues and realize that their interests are not identical -- never were and never will be. . . . But they can't issue bonds, the proceeds of which help make Morse and his family fabulously rich."
At least Morse and his family have done something constructive while making themselves fabulously rich. How about the tens of thousands of investment techies and CEOs on Wall Street who have gotten EVEN MORE FABULOUSLY RICH by gambling with other people's money and tanking the global economy -- and the government "watchdogs" who have sat by for the last decade and let this happen.