There is much ballyhoo about this financial crisis being the failure of capitalism.
And if we are to be intellectually honest, this is a failure of capitalism, but it doesn't mean it's broke. This is part of capitalism. People and companies who do stupid things get wiped out. The bailing out of these deadbeat losers is purely socialist in nature.
That being said, I know those of you on the left love to see capitalism "at its worst." Which this is.
Of course it pales into comparison to communism at its worst, which last I recall was what, 100 million people dead?
Just wanted to put things in perspective.