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Why Don’t the Corrupt Players On Wall Street and In D.C. Show Remorse for Their Destructive Actions…And Why Don’t We Stop Them?

George Washington's picture




 

 

Scandal After Scandal, Lie Upon Lie ... What's Going On?

Many bankers, regulators and politicians have been caught in lie after lie and scandal after scandal.

Why haven't they been shamed by all of the disclosures about their behavior, and chastised by the destruction their actions are causing?

Why do we keep falling for the same shenanigans over and over?

We'll answer each of these questions one at a time.

Many of the People Running Wall Street and D.C. Are - LITERALLY - Psycopaths

According to psychologists and sociologists - many on Wall Street and D.C. are not like you and me. They are literally psychopaths.

Reuters reported Tuesday:

In a survey of 500 senior executives in the United States and the UK, 26 percent of respondents said they had observed or had firsthand knowledge of wrongdoing in the workplace, while 24 percent said they believed financial services professionals may need to engage in unethical or illegal conduct to be successful.

 

Sixteen percent of respondents said they would commit insider trading if they could get away with it, according to Labaton Sucharow. And 30 percent said their compensation plans created pressure to compromise ethical standards or violate the law.

A number of commentators think the numbers are low, because of self-reporting. For example, Richard Eskow writes:

I discussed the survey with a few other people familiar with the banking industry, and they had the same reaction I did: If anything, those numbers sound low. That makes sense. Admitting your criminal inclinations to a total stranger isn't as easy as telling a them your favorite color or what kind of music you like.

As we've repeatedly noted, .

The March/April issues of CFA Magazine notes that the rates of psychopaths in Wall Street is much higher than the general population, and reports:

These "financial psychopaths" generally lack empathy and interest in what other people feel or think. At the same time, they display an abundance of charm, charisma, intelligence, credentials, an unparalleled capacity for lying, fabrication, and manipulation, and a drive for thrill seeking.

 

A financial psychopath can present as a perfect well-rounded job candidate, CEO, manager, co-worker, and team member because their destructive characteristics are practically invisible. They flourish in fast-paced industries and are experts in taking advantage of company systems and processes as well as exploiting communication weaknesses and promoting interpersonal conflicts.

Bloomberg notes:

The “corporate psychopaths” at the helm of our financial institutions are to blame [for the financial crisis].

 

Clive R. Boddy, most recently a professor at the Nottingham Business School at Nottingham Trent University, says psychopaths are the 1 percent of “people who, perhaps due to physical factors to do with abnormal brain connectivity and chemistry” lack a “conscience, have few emotions and display an inability to have any feelings, sympathy or empathy for other people.”

 

As a result, Boddy argues in a recent issue of the Journal of Business Ethics, such people are “extraordinarily cold, much more calculating and ruthless towards others than most people are and therefore a menace to the companies they work for and to society.”

 

How do people with such obvious personality flaws make it to the top of seemingly successful corporations? Boddy says psychopaths take advantage of the “relative chaotic nature of the modern corporation,” including “rapid change, constant renewal” and high turnover of “key personnel.” Such circumstances allow them to ascend through a combination of “charm” and “charisma,” which makes “their behaviour invisible” and “makes them appear normal and even to be ideal leaders.”

 

***

 

They “largely caused the crisis” because their “single- minded pursuit of their own self-enrichment and self- aggrandizement to the exclusion of all other considerations has led to an abandonment of the old-fashioned concept of noblesse oblige, equality, fairness, or of any real notion of corporate social responsibility.”

 

***

 

He says the unnamed “they” seem “to be unaffected” by the corporate collapses they cause. These psychopaths “present themselves as glibly unbothered by the chaos around them, unconcerned about those who have lost their jobs, savings and investments, and as lacking any regrets about what they have done. They cheerfully lie about their involvement in events, are very convincing in blaming others for what has happened and have no doubts about their own worth and value. They are happy to walk away from the economic disaster that they have managed to bring about, with huge payoffs and with new roles advising governments how to prevent such economic disasters.”

The Independent reports:

Mr Boddy is not alone. In Jon Ronson’s widely acclaimed book The Psychopath Test, Professor Robert Hare [the world's leading expert on psychopathy] told the author: “I should have spent some time inside the Stock Exchange as well. Serial killer psychopaths ruin families. Corporate and political and religious psychopaths ruin economies. They ruin societies.”

 

***

 

A senior UK investment banker and I [were] discussing the most successful banking types we know and what makes them tick. I argue that they often conform to the characteristics displayed by social psychopaths. To my surprise, my friend agrees.

 

He then makes an astonishing confession: “At one major investment bank for which I worked, we used psychometric testing to recruit social psychopaths because their characteristics exactly suited them to senior corporate finance roles.”

Here was one of the biggest investment banks in the world seeking psychopaths as recruits.

 

***

 

A 2,200-page report by Anton Valukas, the Chicago-based lawyer hired by a US court to investigate Lehman’s failure … revealed systemic chicanery within the bank; he described management failures and a destructive, internal culture of reckless risk-taking worthy of any psychopath.

 

So why wasn’t Mr Fuld spotted and stopped? I’ve concluded it’s the good old question of nature and nurture but with a new interpretation. As I see it, in its search for never-ending growth, the financial services sector has actively sought out monsters with natures like Mr Fuld and nurtured them with bonuses and praise.

 

***

 

Take Sir Fred Goodwin of RBS, for example. Before he racked up a corporate loss of £24.1bn, the highest in UK history, he was idolised by the City. In recognition of his work in ruthlessly cutting costs at Clydesdale Bank he got the nickname “Fred the Shred”, and he played that for all it was worth. He was later described as “a corporate Attila”, a title of which any psychopath would be proud.

We've previously observed that researchers have found that the brains of psychopaths have a dopamine abnormality which creates a drive for rewards at any cost, and causes them to ignore risks.

As PhysOrg writes:

Abnormalities in how the [brain] processes dopamine have been found in individuals with psychopathic traits and may be linked to violent, criminal behavior.

 

***

 

The brains of psychopaths appear to be wired to keep seeking a reward at any cost, new research from Vanderbilt University finds. The research uncovers the role of the brain’s reward system in psychopathy and opens a new area of study for understanding what drives these individuals.

 

***

 

The results were published March 14, 2010, in .

 

“Psychopaths are often thought of as cold-blooded criminals who take what they want without thinking about consequences,” Joshua Buckholtz, a graduate student in the Department of Psychology and lead author of the new study, said. “We found that a hyper-reactive dopamine reward system may be the foundation for some of the most problematic behaviors associated with psychopathy, such as violent crime, recidivism and substance abuse.”

 

***

 

To examine the relationship between dopamine and psychopathy, the researchers used positron emission tomography, or PET, imaging of the brain to measure dopamine release, in concert with a functional magnetic imaging, or fMRI, probe of the brain’s reward system.

 

***

 

The researchers found in those individuals with elevated psychopathic traits the dopamine reward area of the brain ... was much more active while they were anticipating the monetary reward than in the other volunteers.

Experts also tell us that many politicians also share traits with serial killers. Specifically, the Los Angeles Times noted in 2009:

Using his law enforcement experience and data drawn from the FBI’s behavioral analysis unit, Jim Kouri has collected a series of personality traits common to a couple of professions.

 

Kouri, who’s a vice president of the National Assn. of Chiefs of Police, has assembled traits such as superficial charm, an exaggerated sense of self-worth, glibness, lying, lack of remorse and manipulation of others.

 

These traits, Kouri points out in his analysis, are common to psychopathic serial killers.

 

But — and here’s the part that may spark some controversy and defensive discussion — these traits are also common to American politicians. (Maybe you already suspected.)

 

Yup. Violent homicide aside, our elected officials often show many of the exact same character traits as criminal nut-jobs, who run from police but not for office.

 

Kouri notes that these criminals are psychologically capable of committing their dirty deeds free of any concern for social, moral or legal consequences and with absolutely no remorse.

 

“This allows them to do what they want, whenever they want,” he wrote. “Ironically, these same traits exist in men and women who are drawn to high-profile and powerful positions in society including political officeholders.”

 

***

 

”While many political leaders will deny the assessment regarding their similarities with serial killers and other career criminals, it is part of a psychopathic profile that may be used in assessing the behaviors of many officials and lawmakers at all levels of government.”

We will therefore remain disempowered if we assume that the super-elites are “like us”.

(Indeed, contrary to common American stereotypes - and while wealth does not necessarily indicate whether someone is a good or a bad person - studies show that the super-wealthy tend to be less empathic and more likely to cheat than those with more modest wealth.)

Unless we learn to spot “wolves in sheep’s clothing”, we will continue to fall prey to their scams.

Unless We Remove the Psychopaths from Power, They Will Cause More and More Destruction

The inmates are still running the asylum.

Anyone who knows Jamie Dimon, Lloyd Blankfein or the other Wall Street “leaders” can tell you that they haven’t changed a bit since 2008. They are not repentent for their role in the financial crisis. They don’t feel bad that the taxpayers have had to bail them out again and again … and that they have used that money to enrich themselves and stick it to the little guy.

As the Independent notes:

Mr Ronson reports: “Justice departments and parole boards all over the world have accepted Hare’s contention that psychopaths are quite simply incurable and everyone should concentrate their energies instead on learning how to root them out.”

 

But, far from being rooted out, they are still in place and often in positions of even greater power.

 

As Mr Boddy warns: “The very same corporate psychopaths, who probably caused the crisis by their self-seeking greed and avarice, are now advising governments on how to get out of the crisis. Further, if the corporate psychopaths theory of the global financial crisis is correct, then we are now far from the end of the crisis. Indeed, it is only the end of the beginning.”

I’ve been saying the same thing since 2008:

Ralph Waldo Emerson said:

“Who you are speaks so loudly I can’t hear what you’re saying.”

Its like a thief who has been arrested 5 times for burglary. Even though he says all the right things to the judge at sentencing, the judge is still going to throw the book at him.

 

If the thief is appointed to head a government commission on corruption, do you think people will have confidence in the commission or its proposed actions?

 

***

 

[Those in power] may be saying nice things about fixing the economy, shoring up the financial system and helping American citizens, but people don’t believe them anymore. They’ve been proven liars one too many times.

 

***

 

The only thing that can restore confidence in the economy and the financial system is to replace the whole lot of them (tar and feather them) with honest leaders who will do what’s best for the people.

 

Forget the “toxic debt” that the talking heads keep referring to. The only way to restore confidence is to get rid of the “toxic leaders” who caused the mess.

I noted in October:

The main demand of the Egyptian protesters was that Hosni Mubarak and his cronies leave power.

 

Why should the demands of the American protesters be held to a higher standard?

 

As former IMF chief economist Simon Johnson notes, the American finance industry has effectively captured our government in a “quiet coup”, a state of affairs that is at the center of many emerging-market crises, and that recovery will fail unless we break the financial oligarchy that is blocking essential reform.

 

***

 

The U.S. has become a kleptocracy, an oligarchy, a banana republic, a socialist or fascist state … which acts without the consent of the governed. There is a malignant symbiotic relationship between the governmental leaders and their cronies, which makes a handful rich at the public trough (in the same way that the Mubarak family raked in between U.S. $40 and $70 billion dollars through bribes and cronyism).

 

Remember, Mubarak pretended that he was going to offer concessions or negotiate several times. But the protesters would have none of it. They demanded Mubarak leave.

 

The same government despots (Bernanke and the rest of the knuckleheads at the Fed, Geithner, and various other Goldman alums and proteges of Robert Rubin) and the same Wall Street manipulators (Blankfein, Dimon, etc.) are still on their thrones causing mischief. Nothing will change while these guys are still in charge.

 

Why can’t Americans – like the Egyptians – demand that the bums be thrown out?

 

While America’s protesters don’t need to give any list of official demands (see this, this and this), breaking up the unholy alliance which is destroying our country and removing vampires from both government and Wall Street who are most responsible for blocking reform is a perfectly good demand all by itself. As Gordon Duff – senior editor at Veterans Today – says, it’s “time for regime change” in the U.S.

Why Don't We Stop Them?

We've previously noted:

Biologists and sociologists tell us that our brains evolved in small groups or tribes.

 

As one example of how profoundly the small-group environment affected our brains, Daily Galaxy points out:

Research shows that one of the most powerful ways to stimulate more buying is celebrity endorsement. Neurologists at Erasmus University in Rotterdam report that our ability to weigh desirability and value doesn’t function normally if an item is endorsed by a well-known face. This lights up the brain’s dorsal claudate nucleus, which is involved in trust and learning. Areas linked to longer-term memory storage also fire up. Our minds overidentify with celebrities because we evolved in small tribes. If you knew someone, then they knew you. If you didn’t attack each other, you were probably pals.

 

Our minds still work this way, giving us the idea that the celebs we keep seeing are our acquaintances. And we want to be like them, because we’ve evolved to hate being out of the in-crowd. Brain scans show that social rejection activates brain areas that generate physical pain, probably because in prehistory tribal exclusion was tantamount to a death sentence. And scans by the National Institute of Mental Health show that when we feel socially inferior, two brain regions become more active: the insula and the ventral striatum. The insula is involved with the gut-sinking sensation you get when you feel that small. The ventral striatum is linked to motivation and reward.

In small groups, we knew everyone extremely well. No one could really fool us about what type of person they were, because we had grown up interacting with them for our whole lives.

 

If a tribe member dressed up and pretended he was from another tribe, we would see it in a heart-beat. It would be like seeing your father in a costume: you would recognize him pretty quickly, wouldn’t you.

 

As the celebrity example shows, our brains can easily be fooled by people in our large modern society when we incorrectly ascribe to them the role of being someone we should trust.

 

The opposite is true as well. The parts of our brain that are hard-wired to quickly recognize “outside enemies” can be fooled in our huge modern society, when it is really people we know dressed up like the “other team”.

 

***

 

Our brains assume that we can tell truth from fiction, because they evolved in very small groups where we knew everyone extremely well, and usually could see for ourselves what was true.

 

On the other side of the coin, a tribal leader who talked a good game but constantly stole from and abused his group would immediately be kicked out or killed. No matter how nicely he talked, the members of the tribe would immediately see what he was doing.

 

But in a country of hundreds of millions of people, where the political class is shielded from the rest of the country, people don’t really know what our leaders are doing with most of the time. We only see them for a couple of minutes when they are giving speeches, or appearing in photo ops, or being interviewed. It is therefore much easier for a wolf in sheep’s clothing to succeed than in a small group setting.

 

Indeed, sociopaths would have been discovered very quickly in a small group. But in huge societies like our’s, they can rise to positions of power and influence.

 

As with the celebrity endorsement example, our brains are running programs which were developed for an environment (a small group) we no longer live in, and so lead us astray.

 

Like the blind spot in our rear view mirror, we have to learn to compensate and adapt for our imperfections, or we may get clobbered.

Bloomberg notes that this dynamic has played out on Wall Street as well:

Until the last third of the 20th century, he writes, companies were mostly stable and slow to change. Lifetime employment was a reasonable expectation and people rose through the ranks.

 

This stable environment meant corporate psychopaths “would be noticeable and identifiable as undesirable managers because of their selfish egotistical personalities and other ethical defects.”

 

For Wall Street — a rapidly changing and highly dynamic corporate environment if there ever was one, especially when the firms transformed themselves from private partnerships into public companies with quarterly reporting requirements — the trouble started when these charmers made their way to corner offices of important financial institutions.

 

Then, according to Boddy’s “Corporate Psychopaths Theory of the Global Financial Crisis,” these men were “able to influence the moral climate of the whole organization” to wield “considerable power.”

People are also wired to believe our leaders’ big statements, even if they are ridiculous:

As Adolph Hitler wrote in Mein Kampf:

All this was inspired by the principle–which is quite true in itself–that in the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods. It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have the impudence to distort the truth so infamously. Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and will continue to think that there may be some other explanation. For the grossly impudent lie always leaves traces behind it, even after it has been nailed down, a fact which is known to all expert liars in this world and to all who conspire together in the art of lying.

Similarly, Hitler’s propaganda minister, Joseph Goebbels, wrote:

The English follow the principle that when one lies, one should lie big, and stick to it. They keep up their lies, even at the risk of looking ridiculous.

Science has now helped to explain why the big lie is effective.

 

As I’ve previously pointed out in another context:

Psychologists and sociologists show us that people will rationalize what their leaders are doing, even when it makes no sense ….

Sociologists from four major research institutions investigated why so many Americans believed that Saddam Hussein was behind 9/11, years after it became obvious that Iraq had nothing to do with 9/11.

 

The researchers found, as described in an article in the journal Sociological Inquiry (and re-printed by Newsweek):

  • Many Americans felt an urgent need to seek justification for a war already in progress
  • *** “We refer to this as ‘inferred justification, because for these voters, the sheer fact that we were engaged in war led to a post-hoc search for a justification for that war.
  • “People were basically making up justifications for the fact that we were at war”
  • “They wanted to believe in the link [between 9/11 and Iraq] because it helped them make sense of a current reality. So voters’ ability to develop elaborate rationalizations based on faulty information, whether we think that is good or bad for democratic practice, does at least demonstrate an impressive form of creativity.

***  The big lie appears to be as effective in financial [matters] as in military warfare.

Psychiatrist Peter Zafirides, M.D sent me an excellent article explaining why good people defend bad systems:

From the bust of the housing bubble and mortgage meltdown to Bernie Madoff and Jerry Sandusky, to political candidates and campaigns, it seems not a week goes by before another story of corruption and scandal breaks. And very predictably, the following questions always seem to follow:

 

“How could they get away with this?”

 

- or -

 

“Why didn’t someone say or do anything about it?”

 

***

 

Why do we stick up for a system or institution we live in—a government, company, or marriage—even when anyone else can see it is failing miserably? Why do we resist change even when the system is corrupt or unjust? A new article in Current Directions in Psychological Science, reveals the conditions under which we’re motivated to defend the status quo—a psychological process called “system justification.”

 

***

 

People are motivated to defend the status quo [especially when there is an external threat, people are dependent on the system, there is no escape or people feel little control over their lives].

We Can Choose to Reclaim Our Power

The good news is that we can grow up and evolve.

While our brains have many built-in hardwired ways of thinking and processing information, they are also amazingly “plastic“. We can learn and evolve and overcome our hardwiring – or at least compensate for our blind spots.

We are not condemned to being led astray by Madison Avenue advertisers and ruthless dictators and scientific frauds and fundamentalists.

We can choose to grow up as a species and reclaim our power to decide our own future.

As Dr. Zafirides writes:

The research on our [default psychological blind spots] should not be overwhelming or demoralizing. If anything it can really help to enlighten those who are frustrated when people don’t rise up in what would seem their own best interests. The awareness of this psychological tendency in all of us is the first step in trying to minimize its impact. Awareness is critical if one hopes to meaningfully change systems.

 

According to Dr. Kay, “If you want to understand how to get social change to happen, you need to understand the conditions that make people resist change and what makes them open to acknowledging that change might be a necessity.” This is true whether the change one desires is individual or societal.

 

But do not despair! Whether on an individual or societal level, change absolutely happen. Awareness and knowledge is the first part of the process.

 

Never give up the fight.

 

Never doubt how truly powerful you are.

 

 

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Sat, 07/14/2012 - 17:49 | 2616410 kedi
kedi's picture

The trouble with trying to remove psychopaths from the economic and government world is that they do the dirty work that others profit from. Maybe at first they are like hit-men. Hired to do the dirty work, so the bosses don't get blood on their hands. But when you start to have psychopaths in multiple departments in multiple entities, they by their nature take over. They become the bosses. It's getting to the point that there aren't many levels in a large organization that do not resemble a pool of always hungry piranhas. The psychopath hires psychopaths because they know they will do whatever it takes to profit and power. And every one of them thinks they have control of the others and of everything. Non psychopath hires are of the submissive type. Sheep, that blindly obey and may also be lambs to slaughter later. This situation is planned chaos on a grand convoluted scale. Every psychopath with their secret plans, knives at every back. Survival of the mentally unfittest. At this point it is all an asylum and the patients running it. But we are all stuck inside with them.

As the worlds that these psychopaths think they rule finally unwind into the unsupportable chaos and madness that their actions have created, it will be a bloodbath. Economically, socially and even literally. As it falls apart they will do whatever it takes, whatever their damaged minds think will keep them the master of their world.

Tue, 09/11/2012 - 20:01 | 2616676 pvzh
pvzh's picture

If that is true [uncontrollerd unwind of the system] then it is literally end of the world. Any prolonged chaos [few months more than enough] will mean that nuclear plants will go Fukushima style in domino fashion, and then, optimistically, no organism that is breading slower than a mouse will survive increase in radiation levels and plutonium, which besides ratiation is very toxic.

Sat, 07/14/2012 - 17:25 | 2616386 resaci
resaci's picture

Great article, love the links.

Sat, 07/14/2012 - 18:04 | 2616426 Nassim
Nassim's picture

Here is a link to a good explanation. The word "ponerology" is well-worth remembering.

http://www.sott.net/articles/show/148141-The-Trick-%20of-the-Psychopath-...

 

Lobaczewski has studied these people not from a political point of view, but from a psychological point of view. He has managed to understand how it happens that mad people, ideologues, and repressive powers, in spite of their inhumanity, can obtain the support of large populations. Does not everyone have a perverse/pathological basis, periods when they pass through a perverse/pathological life?

Sun, 07/15/2012 - 02:39 | 2616940 Andy Lewis
Andy Lewis's picture

Loby's a loony.  Fuck'm.

Sat, 07/14/2012 - 17:25 | 2616385 Heroic Couplet
Heroic Couplet's picture

Krugman said it best: super rich people don't matter and don't count. The ads running about Mitt Romeny and Bain and Co sending jobs offshore are spectacular.

My own thought is Operation Hillary Part II. Peopl who heard about it seemed to like it.

Sat, 07/14/2012 - 18:59 | 2616483 Everybodys All ...
Everybodys All American's picture

Krugman is a moron. Do you really pay attention to what Obama has been doing with jobs? If you have you'll note he has not insourced any jobs. Look if you like his social poltics that is one thing I get that, though I don't agree.Now,this job outsource is the typical lying you get from the modern day liberal democrats They will take their failure and turn everything 180 knowing full well his record on jobs is horrible.

Sun, 07/15/2012 - 08:12 | 2617055 Pope Clement
Pope Clement's picture

Jobs ? we don't need no steenking jobs seems that many are just looking for chains when most of the work can be done by machines. Brooks Adams spent much of his life thinking about the purpose of life and fundamentally he thought we are probably here to dissipate solar energy. Seems to me that can be accomplished through joyful endeavors and work other than slavery. Spartacus are you there?

Sat, 07/14/2012 - 17:14 | 2616366 Winston Smith 2009
Winston Smith 2009's picture

Two paragraphs from a review of a book on socio/psychopaths. Try to tell me that this doesn't describe perfectly the sort of person who would be the best fit for a career in politics:

-----

"The essential point to grasp from the book, however, is not that sociopaths are unemotive, but that they are often very good at feigning emotion. They become good actors, which is more or less what they are doing whenever they display emotions. You or I might try to feign emotional displays sometimes, but we aren't very good at it. We don't get that much practice, and we generally feel guilty about manipulating others through fake emotions. But sociopaths get lots of practice (like since childhood) and don't feel any guilt about manipulating us. They enjoy it; it's the thrill in their life, manipulating emotional suckers like you and me.

"So how do you recognize a sociopath? For that, you'll have to read the book, there's only so much I can do in a five-paragraph note. Two simple rules: (1) Three lies equals one sociopath. (2) Beware the pity play.

-----

So, why isn't anything at all being done about the obvious, widespread crime in our financial sector?  Because the inmates are in charge in both that sector and the government.

BTW, this column brought up yet another subject that I now want to investigate further and after reading many reviews on Amazon, I find that this is reviewed as the best layman's book on the topic:

Without Conscience: The Disturbing World of the Psychopaths Among Us

http://www.amazon.com/Without-Conscience-Disturbing-World-Psychopaths/dp/1452654093/ref=tmm_abk_title_0

Sat, 07/14/2012 - 16:41 | 2616328 lindaamick
lindaamick's picture

The public school system began preaching value-neutralism in the early 80's.

Anyone with children in school during that time had to be struck by the carefulness of educators NOT to ascribe any value to behaviours.  

Not teaching values (like the simple golden rule) actually teaches a lack of values. 

Couple that with the ubiquitous droning about sucess equaling material possessions and you end up with a self centered society where anything goes if it satisfys the objective of getting ME ahead materially.

I was shocked to find out there are alternative societies where the members become most revered based upon their generosities to others.

I think severe pain and misery might bring americans back to a more humane existence.

Sat, 07/14/2012 - 16:39 | 2616324 luna_man
luna_man's picture

 

 

"Psycopath"...NOT!...The people you refer to, are CRIMINALS!

Their actions are completly deliberate!...From the top to the bottom!

Sat, 07/14/2012 - 16:39 | 2616323 Hannibal
Hannibal's picture

"..and why dont' (can't) we stop them?" There is no incentive to stop them, yet.

Sat, 07/14/2012 - 16:21 | 2616300 ItsDanger
ItsDanger's picture

Remember the "little people" comment from the BP CEO?  These guys dont care about anybody except themselves. 

Sat, 07/14/2012 - 17:00 | 2616352 I am on to you
I am on to you's picture

Spot on,Tony Haywards remark:

I want MY life back,showed how the mind of a,Dont care about you; CEO function,go swim in Oil, Ill go and sail with the Lads,and drink a litle Champange.

And Bushs No weapons of Massmanipulation,shows the same sickness in the Political sick dirty mindset,the list is so long that its hard to find where it begins:

One thing come to mind,from the commandmends:Thy shall triet thy next,also his slaves?

How come this God they,praise so high,would mention Your slave and his kind,looks like it came from the very begining,the higher upwards, the longer to the bottom!

Sat, 07/14/2012 - 16:20 | 2616297 insanelysane
insanelysane's picture

If you rig a sporting event anywhere in the world or even take performance enhancing drugs you will be thoroughly investigated by governments and stripped of you past and future accomplishments.  Do we see that in the financial world?  FUCK NO!

 

Sat, 07/14/2012 - 15:56 | 2616267 cranky-old-geezer
cranky-old-geezer's picture

 

 

And Why Don’t We Stop Them?

Go ahead GW, what are you waiting for?  Stop bitching about it and go stop them.

Personally I don't care what they do, there's nothing I nor you nor anyone can do about it.  I don't worry about things I have no control over. 

Face it GW, the sun is setting on America.  The nation is going down, precisely because of all the corruption and looting and criminality at the top.

The smart thing to do is prepare for America going down, preferably by leaving America.

Sat, 07/14/2012 - 22:42 | 2616700 mkkby
mkkby's picture

I've met assholes like you every day.  You're the jagoff who needs a good punch in the face.  So now you're just a hopeless internet bully.  You're the one bitching, not GW.  Fuck off now and go eat another batch of goat dicks.

Sat, 07/14/2012 - 16:10 | 2616288 shovelhead
shovelhead's picture

How about a nice beachfront condo in Spain?

Sat, 07/14/2012 - 16:40 | 2616325 machineh
machineh's picture

You're probably being sarcastic. But buying down-and-out assets is Contrarianism 101. 

Head for Spain with a fistful of dollars ... and a few dollars more.

Sat, 07/14/2012 - 15:41 | 2616246 working class dog
working class dog's picture

But Timmah knew about LIEBOR with Barclay, I wonder if he remembered to pay his taxes this year, and AL GORE invented the internet> WTF?

Sat, 07/14/2012 - 15:40 | 2616244 world_debt_slave
world_debt_slave's picture

Investigate the history of the Bohemian Grove and how the elite exorcise their guilty conscience

Sat, 07/14/2012 - 16:05 | 2616280 shovelhead
shovelhead's picture

Still upset about that group sodomy thing?

Never accept a ride from strangers...especially limos.

Sat, 07/14/2012 - 17:54 | 2616419 world_debt_slave
world_debt_slave's picture

own a Harley?

Sat, 07/14/2012 - 15:39 | 2616241 tongue.stan
tongue.stan's picture

The privleged psychopaths run banks and govs.

I've had many bosses who were what I would call less priveleged psychopaths.

The poor psychopaths run gangs, are dope peddlers, pimp.

Many cops fall somewhere along the continuum.

Exterminators never really get every cockroach.

If a sucker is born every minute, the psychopath is born every day.

 

I dunno. Hell, assholes rule the world. Always have.

Sat, 07/14/2012 - 15:15 | 2616205 Gringo Viejo
Gringo Viejo's picture

Nobody, IMHO, has the ability to cut through bullshit like Gerald Celente. Aside from his constant analogies to Washington/Wall Street as contemporary, 21st century, organized crime, he says of these people:

"Theses are the same people you hated in High School. The ones that wanted to be class president or head of the student council. Insincere, glad-handing, overly ambitious, moderately intelligent losers".

Sat, 07/14/2012 - 15:00 | 2616171 falak pema
falak pema's picture

ZH thesis confirmed by FED :

New York Fed's Libor Documents Reveal Cozy Relationship Between Regulators, Banks

What more is there to be said. BK said this was NOT fraud, just bad, selfish banking initiatives....

You decide. 

Sun, 07/15/2012 - 00:08 | 2616695 Widowmaker
Widowmaker's picture

King TARP himself will never blow a whistle.

 

Sat, 07/14/2012 - 15:38 | 2616236 GeneMarchbanks
GeneMarchbanks's picture

America's last great sin in full frontal...

Unless we learn to spot “wolves in sheep’s clothing”, we will continue to fall prey to their scams.

Hucksterism is all that is left. America the Used Car lot.

Not fraud! I agree, selfishness can never be considered criminal in the US of A.

Sat, 07/14/2012 - 14:46 | 2616146 GMadScientist
GMadScientist's picture

http://www.youtube.com/watch?v=fV-R29hGE9A

What the world needs now is some answers to our problems
We can't buy more time 'cause our tender isn't valid

What the world needs now is some accountability
We can't buy more time 'cause time won't accept our money

(full) faith alone won't sustain us no more

Sat, 07/14/2012 - 14:46 | 2616145 falak pema
Sat, 07/14/2012 - 14:41 | 2616133 geno-econ
geno-econ's picture

You will never pass a job interview with this kind of outlook.  So if you adjust your attitude for the interview , you are part of the problem.  Bottomline----do you want a job or post on ZH?  The system is self perpetuating , until the system implodes.  Not too much longer now

 

 

 

 

 

Sat, 07/14/2012 - 14:48 | 2616148 GMadScientist
GMadScientist's picture

The system thrives on your willing lack of disintermediation.

Suckle, piglet.

Sat, 07/14/2012 - 14:35 | 2616114 GlomarHabu
GlomarHabu's picture

A totally rhetorical question beginning this thread.

However I'll answer it in FIVE easy words.

They don't care.

We can't

 

Sat, 07/14/2012 - 14:45 | 2616108 NuYawkFrankie
NuYawkFrankie's picture

Re Why Dont blah blah blah Show Remorse?

 

 

Do you feel remorse for Daisy The Cow when slurping on your burger? No.

Well, there's a reason you're called "goy" -  or cattle. You just can't - or, more likely, wont - get your head around it.

It's as if our dear ol' Daisy were to presume to dictate terms of service to the farmer. How ludicrous would that be?

Psychopathy has nothing to do with it... that's just clouding the issue - a convenient lame-dick excuse for not facing up to the facts. 

 

Sun, 07/15/2012 - 00:08 | 2616721 Widowmaker
Widowmaker's picture

Banks can't buy respect -- without it their fraud system fails.

Sat, 07/14/2012 - 14:50 | 2616153 GMadScientist
GMadScientist's picture

They encounter many obstacles from amongst the simpler animals, who are afraid of what might happen if Jones was not around to feed them. Also, Moses the Raven is always telling the animals about an animal’s paradise called Sugarcandy Mountain, where the animals go when they die. Many of the animals believe in Sugarcandy Mountain, and the pigs have to keep on persuading them that no such place exists.

Sat, 07/14/2012 - 14:29 | 2616103 Chuck Walla
Chuck Walla's picture

Remorse isn't lucrative.  Shame has no payoff.

Next question...

Sat, 07/14/2012 - 13:43 | 2616003 Westcoastliberal
Westcoastliberal's picture

The problem is actually much deeper.  How do you think these "psychopaths" ascended to power?  And why at this point in time?  Many believe the answer is they are actually not Human, but shape-shifters, reptilians, whatever you want to call them.  And they are NOT here for the betterment of Humankind.

Sun, 07/15/2012 - 00:09 | 2616691 Widowmaker
Widowmaker's picture

Without life wealth is meaningless.

Sat, 07/14/2012 - 13:57 | 2616029 i-dog
i-dog's picture

"Reptilians" and "aliens" are just metaphors for the fact that they are so inbred that they do, indeed, consider themselves to be a different species to "the useless eaters".

They are, however, allergic to talk of removing central government and going about our lives without them. Try it sometime ... their apoplectic reaction is quite humourous! :)

Sat, 07/14/2012 - 13:46 | 2616014 zanez
zanez's picture

REPTILIANS, BITCHEZ!

Sat, 07/14/2012 - 13:42 | 2616002 BlackholeDivestment
BlackholeDivestment's picture

...the word evil was never mentioned, like the word ''corruption'', which is never mentioned in the controlled Press. Why? Is the omission there to tell of the influence and program damned people?

...through the boob tube etc..., the reality of ill intent, meaning wilfull slaughter of others, be it financial and ultimately in the flesh, the spiritual ''mental'' case is defined by chemical or some other bullshit excuse that does not hold human intelligence to account. Judgment is sealed upon action after it is birthed in the heart. If you want to hurt the bastards ...divest bitchez and stop providing labor for an iron and clay heel kicking your own ass, and you will not be the image of the beast sealed in the black hole.

In the name of the risen and sustaining Mercy, shall persons not fear the mirror image of contempt? The image of our Father in Christ is the revelation of at least the principle by which we agree in peace or suffer the offer(s) of temptation, saying, eat this hypothicated fruit, it will not abort labor'', yet people still buy sell and trade a Fed Fiat Debt Note with an Occult Pyramid 2012 Prophecy on it with the Eye of Horus and the name of some Masonic freak on it next to the words ''In God We Trust'', which so called non psychopaths place in an offering basket at their 501c3 churches in America. America, lol, land of the plumed serpent, lol, which is now a ''socialist Rosemary's Baby Care State of Bailout Banker Bonus Bitchez hell bent on peace though Supreme Court Robot Citizen United With The Corporate Voice of economic failure, war, contempt for lilfe and labor, and preemptive Nobel Prizes for nuclear nonproliferation'', ...as another nuclear plant goes online over a earthquake fault line and a new strand of two women and one man human hybrids are now risen from the lab, through the womb, and sneeze a new flu made from the same power and principalities of the psychopath air that made the stock pay off it's short term gain derived from the flaming alter, where the (next human generation of labor is aborted) childrens ashes blow up with the sweet smell of success. LMAO http://www.youtube.com/watch?v=vdp42fYKFZ8

There was a time to defend life and labor, when petaflop algo's and drones did not link the eye in the SkyNet to your person, and you may have escaped with victory. That time has long past. We are overcome, and we are all captured. The Truth is not a choice, stand fast, do no harm and resist. Divest and unplug the beast or perish for ever. http://www.youtube.com/watch?v=xvZeYDBY4fw&feature=related

Sat, 07/14/2012 - 14:46 | 2616144 AnAnonymous
AnAnonymous's picture

Corruption is a very delicate issue in US citizenism.

Basically, a fairly accurate first degree statement gives that it is not possible for US citizens to be corrupted.

And another point which gives some more traction: corruption is a relative state.

US citizens can not be corrupted by US citizen standards for what they are doing because what they are doing is the usual US citizen business, like massive theft.

US citizens could be diagnosed as being corrupted the day they do no longer behave the US citizen way.

Sun, 07/15/2012 - 14:03 | 2617811 akak
akak's picture

The Tibetans thank you for your generous People's Republic genocide.

Sat, 07/14/2012 - 14:23 | 2616089 Sparkey
Sparkey's picture

Blackholedivestment, you are a deep thinker well worthy of your salt!

Sat, 07/14/2012 - 14:18 | 2616075 Escapeclaws
Escapeclaws's picture

In spite of the literary quality of your writing, with its strong quasi-stream-of consciousness forward momentum und pneumatic exaltation, you give the impression of someone easily rolled by a psychopath, particularly if that person professes a similar enthusiasm for the Risen Mercy.

Sat, 07/14/2012 - 13:41 | 2615997 Escapeclaws
Escapeclaws's picture

The problem of psychopaths or sociopaths (they mean the same thing) is a tough nut to crack. They are discernable at a very young age. They are the bullies who terrorize your own kids and who love to torture animals. Experiments show that their brains do not react when they are shown pictures that would shock a normal person.

These are people with outlandish egos who like to think of themselves as special, out of the ordinary, risk takers, etc. The problem for non-sociopaths is that they are incapable of recognizing a real sociopath. Normal people just can't believe anyone could be so cold, with veins of ice. The only way a normal person can come to appreciate this phenomenon is to be a victim, unfortunately. By that time it is usually too late and a life has already been ruined.

A central difficulty is the way our laws are structured. Until a murder is actually committed, there is no way to pursue a sociopath legally. The deed must be completed. I hope, someday, some clever jurist will find a way that can prevent these inevitable results, without, however, creating the greater evil of imprisoning those who are "about to commit a crime". Some real analysis is needed to create an audit trail of markers that, combined perhaps with a deed that is not lethal, will be enough for society to take prophylactic measures against these venomous individuals. That, to me, seems like our best hope.

These people are so different that it is almost as if they are a different--perhaps reptilian--species. Bottom line is that if somebody gives you the creeps, LISTEN TO YOUR INSTINCTS!! You are in as much danger as if you were about to step on an IED.

SOCIOPATHS RUIN LIVES!

Sun, 07/15/2012 - 02:29 | 2616936 LowProfile
LowProfile's picture

 

They are the bullies who terrorize your own kids

Oh, you mean the assholes that were the reason I had to learn to kick ass?

Worked for me, and anybody who wanted to be my friend got the benefit as well.

Sat, 07/14/2012 - 13:29 | 2615971 W10321303
W10321303's picture

The most recent research on the impacts of consumer gadget geekery shows that by being a good HIGH-TECH consumer you rot important parts of your temporal lobe and become a dumbed-down REACTIONARY!

Facebook generation suffer information withdrawal syndrome ...   www.telegraph.co.ukTechnologyTechnology News  You +1'd this publicly. Undo   by Richard Gray - in 57 Google+ circles - More by Richard Gray

Jan 2, 2011 – The findings will fuel concerns raised by neurologists and psychologists about the impact that excessive use of the internet, computer


Respected Neurologist Warns Negative Effects on Children's Brains ...   www.itproportal.com/.../respected-neurologist-warns... - United KingdomCached You +1'd this publicly. Undo

Oct 15, 2011 – Recently, a leading scientist has warned that computer games can damage children brains and create temporary...

Those most ADDICTED are the people most needed to over

throw thepsychopaths

Sun, 07/15/2012 - 01:36 | 2616907 Kali
Kali's picture

Smart phones, stupid people.

Do NOT follow this link or you will be banned from the site!