Yunus the Loon

In 1983, I founded Grameen Bank to provide small loans that people, especially poor women, could use to bring themselves out of poverty. At that time, I never imagined that one day microcredit would give rise to its own breed of loan sharks.

So said Nobel Peace Prize winner Muhammad Yunus in yesterday’s edition of The New York Times.

Like Major Strasser, he is shocked to discover that this is exactly what has happened.  Capitalism, it seems, is not charity, despite the dishonest (or negligently naive) assurances of deluded creeps like Yunus and the Nobel clown committee.


2 Replies to “Yunus the Loon”

  1. The biggest delusion one suffers is the one given to oneself. These are people who believe in the cause, but have no idea of what that cause is. And this is true even in the face of any evidence otherwise, repeated ad inifinitum.

    Capitalism is, by its very nature, parasitic. It looks for new ways to latch on and take everything it can. Without acknowledgment of its predatory nature, nothing else matters.

  2. Personally, I don’t believe Yunus’ protestations of innocence. These business-model NGO types are quite aware of what capitalism is, and are simply trying to find a way to attract big donors and media attention by peddling fantasy. Yunus simply hit upon a method of selling the story that capitalism really is capable of solving its own messes.

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