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Psychopaths Caused the Financial Crisis … And They Will Do It Again and Again Unless They Are Removed From Power

George Washington's picture





 

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.”

 

***

 

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.”

 

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 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.

PSYCHOPATHS HAVE DIFFERENT BRAIN CHEMISTRY FROM THE REST OF US

 

In October, we observed:

 

I noted last year:

Vanderbilt researchers have found that the brains of psychopaths have the dopamine abnormality creates a drive for rewards at any cost, and causing them to ignore risks.

 

As PhysOrg writes:

 

Abnormalities in how the nucleus accumbens, highlighted here, processes dopamine have been found in individuals with psychopathic traits and may be linked to violent, criminal behavior. Credit: Gregory R.Samanez-Larkin and Joshua W. Buckholtz

 

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.

 

“This study underscores the importance of neurological research as it relates to behavior,” Dr. Francis S. Collins, director of the National Institutes of Health, said. “The findings may help us find new ways to intervene before a personality trait becomes antisocial behavior.”

 

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.”

 

Previous research on psychopathy has focused on what these individuals lack—fear, empathy and interpersonal skills. The new research, however, examines what they have in abundance—impulsivity, heightened attraction to rewards and risk taking. Importantly, it is these latter traits that are most closely linked with the violent and criminal aspects of psychopathy.

 

“There has been a long tradition of research on psychopathy that has focused on the lack of sensitivity to punishment and a lack of fear, but those traits are not particularly good predictors of violence or criminal behavior,” David Zald, associate professor of psychology and of psychiatry and co-author of the study, said. “Our data is suggesting that something might be happening on the other side of things. These individuals appear to have such a strong draw to reward—to the carrot—that it overwhelms the sense of risk or concern about the stick.”

 

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 really striking thing is with these two very different techniques we saw a very similar pattern—both were heightened in individuals with psychopathic traits,” Zald said.

 

Study volunteers were given a personality test to determine their level of psychopathic traits. These traits exist on a spectrum, with violent criminals falling at the extreme end of the spectrum. However, a normally functioning person can also have the traits, which include manipulativeness, egocentricity, aggression and risk taking.

 

In the first portion of the experiment, the researchers gave the volunteers a dose of amphetamine, or speed, and then scanned their brains using PET to view dopamine release in response to the stimulant. Substance abuse has been shown in the past to be associated with alterations in dopamine responses. Psychopathy is strongly associated with substance abuse.

 

“Our hypothesis was that psychopathic traits are also linked to dysfunction in dopamine reward circuitry,” Buckholtz said. “Consistent with what we thought, we found people with high levels of psychopathic traits had almost four times the amount of dopamine released in response to amphetamine.”

 

In the second portion of the experiment, the research subjects were told they would receive a monetary reward for completing a simple task. Their brains were scanned with fMRI while they were performing the task. The researchers found in those individuals with elevated psychopathic traits the dopamine reward area of the brain, the nucleus accumbens, was much more active while they were anticipating the monetary reward than in the other volunteers.

 

“It may be that because of these exaggerated dopamine responses, once they focus on the chance to get a reward, psychopaths are unable to alter their attention until they get what they’re after,” Buckholtz said. Added Zald, “It’s not just that they don’t appreciate the potential threat, but that the anticipation or motivation for reward overwhelms those concerns.”

 

Has anyone tested the heads of the too big to fails for this dopamine abnormality?

 

What are the odds that they have it? And if they have it, what are the odds that they will voluntarily start acting responsibly, especially given the broken incentive system?

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.”

 

***

 

Studies also show that the wealthy are less empathic than those with more modest wealth, and so:

 

The idea of nobless oblige or trickle-down economics, certain versions of it, is bull,” Keltner added. “Our data say you cannot rely on the wealthy to give back. The ‘thousand points of light’—this rise of compassion in the wealthy to fix all the problems of society—is improbable, psychologically.”

Those in the upper-class tend to hoard resources and be less generous than they could be.

 

Given that many in Congress and top government posts are multi-millionaires, the study might help explain why politicians seem only to work to make themselves wealthier and to help their wealthy buddies.

 

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

 

Postscript: The fact – as discussed above – that top leaders may have psychopathic characteristics may be helpful in assessing questions such as:


 


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Thu, 01/05/2012 - 12:13 | Link to Comment billsbest
billsbest's picture

Don't blame the elected; they were put there by the walking dead, voting zombies.

George Soros Funded: The Center for American Progress’ Jihad Against the Free World
Thu, 01/05/2012 - 15:01 | Link to Comment Hephasteus
Hephasteus's picture

No. You have to blame the elected. They "engineered" the responses of the electors.

The domination and control theme of the federal reserve has been engineered for serveral generations.

Here's how it works. The leaders want to do things that people they lead won't give them permission to do or won't act accordingly. So the entire cycle of boom and bust is preparing people for and making people prefer sociopths and psychopaths as leaders. By creating the cycles of lack even if they are partially real and partially purely "permission" constructs it affects people. It makes them feel powerless and urgent need for "something" to be done. They then flood a place with money and resources drawing the resources further conquer and damage the people who are not fully "functioning" in the power drive cycle.

This is the only way you can explain things like people being extremely attractive to gold digging strippers and people being extremely attracted to fake false hollywood idols. And people wanting and prefering a dangerous psychopath to run a large corporation and supply them with something they need or want. The boom and bust cycles break down peoples security systems and make them demand more and bigger and stronger psycopaths.

Just look at the great depression. It was an extremely brutal event. Deeply wounding and affecting millions of psychologies and with no real need to have happened. Without that happening the psychopathic Hitler couldn't have been put in power in europe.

The cycles of inflation and deflation are not meant to steal wealth they are meant to steal security and transform people into wanting needing prefering psychopathic leaders. Who the more cycles they go through of the process the more permissive and passive about them they become.

The psycopaths are shit stirrers. Deeply needing conflict and excitement in order to generate a bigger wave of action reaction with a bigger reward of conquest.

Look at the current cycle. First they start off with a boom bust crash in the 2000 stock market. This is supposed to open up a position for a psychopathic leader. The psychopathic leader bush takes the helm and begins the psychopathic operations. It starts having too much resistance with anti war movement. This sets up the apporach of 9/11 and fear mongering. This works some but is STILL creating too much resistanc.e So they go for the big enchilada. A 2008 crash right at the tail end of bush. Bring in Obama to try to repair relations. While simultaneously maintaining a depressed shitty anxiety inducing economy. Also simultaneously faking the health of the economy and trying to create as much strife as possible between the high level consumer and low level consumer. The want to conquer the world and they don't want to wait any longer. The paralllel knives of increasing unemployment and increasing strife among the citizens coupled with increasing aggressiveness towards other nations couple with increasing aggressiveness towards the internal citizenry played out to a psychological snapping point.

Plan is probably to bring in Mitt Romney who will then try to operate in the same bold arrogant fashion that Bush operated in. Corporate restructuring during this phase and leader outing is not to bring these instutions to profitability or viability. That's impossible. It's to try to set them up with the next volume level of psychopathic leader who will exhibit extreme psychopathic behavior on the consumer under the supervision of the newly developed consumer protection agency which is about useful to the citizens as the BATF who's job was to run out vice and control it. Going from initially less harmful things to more harmful things. Won't be long till pot is legal and controlled and monopolized and then genetically engineered to create etreme and lasting passivity.

Hopey changey sideshow obama will end this election cycle and whoever is installed next is going to be one incredibly sick fucked up individual which I think is a good description of Mitt Romney. Back to semi useless astrology. There is a moon correlation with change party at election. It's indicating republican will be the next president with a really damn high probability.  Which means either Mitt Romney and continuation of the path down psychopathic control or Ron Paul and a true start towards the ending of the psycopathic control.

So that means one of two things. If Ron Paul is elected the fed and psycopaths in charge of corporate america will put the freaking screws to america. I'm talking deadly inflation and withholding of material needs. Or two if Mitt Romney is elected flood the place with money and hope people are sick enough from the lack and need they've created to this date to empower them to go on this massive war campaign.

Fri, 01/06/2012 - 19:52 | Link to Comment blindman
blindman's picture

criminal psychopaths seek a unifying principle and/or/and
"person"; name, to shed their shame and anchor their crime.
.
Charles Manson Superstar
http://topdocumentaryfilms.com/charles-manson-superstar/
.
warning. disturbing presentation at link, perhaps not appropriate
material for children or other psychopaths.
.
here, some other fascinating links from here and there.
.
the american empire
by garet garrett
https://docs.google.com/viewer?a=v&q=cache:Lrzl9T5vJj4J:mises.org/journa...
.
.....
Part 1 - A Tale of Two Cities by Charles Dickens (Book 01, Chs 01-06)
http://www.youtube.com/watch?v=BSZ3wtqBpTE
.
The Iliad - Book I - Homer (Alexander Pope translation)
http://www.youtube.com/watch?v=28RNGOCIzYI

Thu, 01/05/2012 - 03:13 | Link to Comment Hephasteus
Hephasteus's picture

The psychopath has a narcissistic disoder. The cure is debasing them until they come into balance. The psychopathics answer to the cure is to attempt to debase and degrade everything around them until its too weak to fight back without setting off the counter counter cure of debasing and degrading the psychopath until it's too overwhelmed to fight back.

The universe and universal conciousness is purely psychopathic. And you are food source. Every time it beats you, you serve up a happy meal to the cheating lying psychopathic entity known as government and authority. And the accusations are projections and magnitude is all that matters. If you steal 5 dollars you are horrible rotten scum while they steal billions. If you kill 3 cops you are horrible rotten scum while they kill thousands of prisoners. When you negotiate with it it pretends to change but goes right back to it's old ways as soon as you aren't looking.

They don't care about humanity or dignity they just care about knocking you down over and over. And the entire world is nothing but a never ending story of psychopaths who want you to take their medicine for them and pay for their crimes. They will present themselves as never being curable. But when overwhelmed they suddenly get extremely responsive and passive and reasonable. They'll only be reasonable for any times they are forced into it. Any time they want to fight they are never ending goading endless gloating machines. Which they adopt this style any time they also don't want to fight. Hopeing you'll detect it as a fished into a fight you can't win event.

Wed, 01/04/2012 - 10:42 | Link to Comment Sticks
Sticks's picture

Amusing.  But not convincing. It's unsurprising that our current malaise would be analyzed in medical terms, reflecting the noxious extent to which that industry has permeated discourse and life. But, calling the actors here mad, on some level, exculpates the system.  No thanks.  If Cincinnatus were President and Ghandi ran Goldman Sachs, we would still be where we are now: up shit creek.

 

 

 

Wed, 01/04/2012 - 10:40 | Link to Comment css1971
css1971's picture

So basically.

We just need to make drugs legal and the psychopaths will take care of themselves.

Wed, 01/04/2012 - 12:51 | Link to Comment Silver Shield
Silver Shield's picture

Watch My Mirco Doc on Social Predators ...

http://www.youtube.com/playlist?list=PL3B998B8C772B072E

Wed, 01/04/2012 - 10:59 | Link to Comment EvlTheCat
EvlTheCat's picture

How cute. You actually think the drug laws in the U.S. apply to those who write the laws..

Wed, 01/04/2012 - 10:36 | Link to Comment Gringo Viejo
Gringo Viejo's picture

When all is said and done, sociopaths are essentially "creatures with human faces". Anyone so diagnosed should be euthanised for the good of society just as one would a viscious pit bull that mauled or killed a child.

Wed, 01/04/2012 - 10:27 | Link to Comment San Diego Gold Bug
San Diego Gold Bug's picture

George,  Great article!  Unfortunatly our courts are not enforcing laws when it comes to the banks and politicians breaking laws and ignoring the constition.  Also,  thanks for the tip on comparesilverprices.com and comparegoldprices.com Both have already saved me some good money.  Keep up the great work.

Thu, 01/05/2012 - 01:49 | Link to Comment forexskin
forexskin's picture

FcUoCmKpIaNrGeTgRoOlLdLpGrOiAcWeAsY.com

read between the lines...

Wed, 01/04/2012 - 10:38 | Link to Comment Sunshine n Lollipops
Sunshine n Lollipops's picture

You're not obvious at all.

Wed, 01/04/2012 - 10:36 | Link to Comment onelight
onelight's picture

You point to a key distinction missed by this article, concerning pathological narcissism.

When they talk about psychopathy they discuss them as emotionless, and then later say the pattern works because they are so charming and charismatic, which run of the mill psychopaths often are not.

Narcissistic Personality Disorder (wikipedia) and its sociapathic aspects serve as a better description of what they are calling psychopathy, here and in Cohan's article on Bloomberg or Reuters the other day, referencing the same research.

2% of population are said NPD folks, and the higher functioning ones reach the heights of politics and finance and entertainment, and the others dream of such, dragging all around them through hell, until the screeching rolling train wreck finally stops.

Narcissism is part of human nature, and ambition is not a bad thing at all, but pathology in the fulfillment of grandioose, larger-than-life aspirations does seem to explain part of our national financial experience.

And too, someone could argue that the general population enabled these folks, in effect self-medicating on the ephemeral rewards while ignoring citizenship imperatives, and this has gone on for the last few decades, as the rise of credit (cards) offset the transfer/abandonment of productive manufacturing based wealth sustenance, while the media substituted celebrity (seeming) for character (actually being). And the public ate it up.

The Strauss Howe generational theory discusses the typical public passivity of these historical periods, which allows for such off-course trajectories, while not putting it in those psychological terms.

On that basis, psychopathy seems too broad to capture the fact that many of these patho-leaders are higher-functioning than the common psychopath, and that broad populations enabled them too, the latter of which would seem a valid point of inquiry.

So high-functioning Narcissistic Personality Disorder, with its bi-polar and schitzo aspects would serve better, to explain how leadership can go off course to that degree.

And yet there are so many non-NPD in leadership positions, and so many more that should be. Time to step up, for the latter camp, and take responsibility for shaping local and national communal outcomes.

FT had a big feature on this a year or so ago, maybe 18 months, wherein a Finance/NPD guy finally realized their pattern and wrote a book on it. He said they are robotic and cannot be treated but awareness helps manage and avoid damage. They are doing good work now. Some docs think cognitive behavior treatement can help. I think that some of the brainwave modulation treatments that are emerging will help too, and can in a decade's time address a good part of the problem, assuming screening becomes prevalent (but then, who controls the screening?? .. topic for another time).

www.brainstatetech.com

www.stronginstitute.com

www.amenclinics.com  etc.

Wed, 01/04/2012 - 09:36 | Link to Comment kindape
kindape's picture

this is such crap

 

substitute 'addict' for ''pyschopath' and everything is the same

change the cultural cues and behavior will change. there are psychopaths in all areas of society - not just finance

Wed, 01/04/2012 - 08:47 | Link to Comment mogul rider
mogul rider's picture

 

Psychopathy is synonymous with good corporate governance in today's marketplace since it takes a psychopath to win the corporate wars of today. It takes about 80 years for these fuckheads to gain power in all facets of commerce and government. It happens every long cycle.

Why this is challenging for people is not entirely clear to me.

Just look at how your world is.

The world and this greatest depression are normal and required to cull the herd and to do a societal rest. Much like the Matrix movie. Aberrant code is the catalyst for this reset. i.e. the psychos

A nut-bar will arise, we'll rally against him/her, kills millions. governments topple, and democracy is born again in the mother of all rabbit culls. My grandfather sees the same societal parallels that he saw in the 30's. Back then gangsters were the psychos, today it's every in all parts of the economy.

Life will return to normal after the next great war. The socialists will rule for another 80 years and the next nutbar will come.

 

It is as it always shall be

 

 

 

Wed, 01/04/2012 - 09:59 | Link to Comment midtowng
midtowng's picture

What's more, all the incentives in the corporate world are there to reward psychopathic behavior.

Wed, 01/04/2012 - 10:33 | Link to Comment Sunshine n Lollipops
Sunshine n Lollipops's picture

Now I know why I was such a failure in the corporate world: I'm not evil enough. 

Wed, 01/04/2012 - 08:01 | Link to Comment forrestdweller
forrestdweller's picture

there is no endgoel or purpose in this.

people just want to get rich and powerful. these are biologically determined behaviours, once being useful for survival, but now running out of control. sociopathic personalities are better in this.

and most of the presidential candidates are insane or sociopathic.

obama is a descent man though

Wed, 01/04/2012 - 07:15 | Link to Comment Sunshine n Lollipops
Sunshine n Lollipops's picture

Funny how Big Pharma hasn't developed a pill to manage psychopathy. I wonder why not? They seem to have a cure for everything else, from limp dick disease to 'unmanageable' children. Perhaps they don't consider it to be a problem? As in "Why would we want to cure that? It's the heart of our business model."

Wed, 01/04/2012 - 08:03 | Link to Comment forrestdweller
forrestdweller's picture

this is not possible. psychopathy of sociopathy is a personality structure, not a disfunctional trait or state. you can't design pills that make you somebody else.

Wed, 01/04/2012 - 10:13 | Link to Comment Sunshine n Lollipops
Sunshine n Lollipops's picture

The dopamine reward system can't be chemically manipulated?

Wed, 01/04/2012 - 09:37 | Link to Comment Dugald
Dugald's picture

A 357 Lead Asprin wil cure anything........

Wed, 01/04/2012 - 07:15 | Link to Comment KickIce
KickIce's picture

While I agree the psychopaths certainly caused this mess I don't think that is their end goal.  I think they want the people to get so desperate that they will welcome any solution that restores "normalcy" when it is finally put forward.  The end goal for these SOBs is enslavement with the illusion of freedom, so when it's all said in done they want to appear to be the hero.  But they will control the land, the food and the population size, because you know, they're so much smarter than us.

Wed, 01/04/2012 - 06:06 | Link to Comment Chappaquiddick
Chappaquiddick's picture

An extremely well written article which highlights THE big issue of our time.  The systems that we have created both corporate and political screen positively for psychopaths.  This means that we are now ruled by the insane.  It means that the structures that we have around us must be changed.  A test for psychopathy is one thing but what about a test for decency?  We all look at people such as Ron Paul with admiration because he is a decent man with strong morals and represents the views held by the majority of sane people.  If you listen to the political spoutting from elsewhere Palin etc you can hear the insanity.  Oh yes, PALIN IS A LOONEY - don't be fooled by this switch and bait BS that she's a possible Ron Paul running mate - she needs testing BIG TIME!!  I digress.

 

How about testing for high morals, honesty and sound judgement?  Lets test for that in our corporate and political systems and promote from that group - that might instill some long term planning in our politics and some corporate responsibility from our Leaders of Industry.

 

Wed, 01/04/2012 - 04:17 | Link to Comment forrestdweller
forrestdweller's picture

we can introduce an new law, requiring that people are tested for psychopathy before they are accepted in politics or in the top of large corporations. a law to isolate and exclude these people from these positions.

when attending for academic research positions, you are required to prove that your intelligence is adequate for the position. if you are attending for ceo, you have to prove that you're conscience is adequate for the position.

or tho old platonic rule: no person in power may receive money or have possessions.

 

Wed, 01/04/2012 - 11:03 | Link to Comment EvlTheCat
EvlTheCat's picture

Getting the subhuman politicians who write the laws in order to protect their own criminal activities; too write a law to prove they should not be engaged in the position they hold.  Yea.. Good luck with that....

Oh, and your other two observations are just as naive.  I spent years in school and working, however, the only credential needed to climb the ladder in both areas, was to see how high you could sick you head up someones ass.

Intelligence or conscience had very little to do with it.

Tue, 01/03/2012 - 23:59 | Link to Comment bankruptcylawyer
bankruptcylawyer's picture

this article uses rationality to point out a pattern of extreme greed. wow. big shock. 

 

the BIG conclusion that it left out was that it takes fire to fight fire; and psychopaths will be required to fight off the psychopaths destroying the system. such is history. 

i love ron paul and all but do you really think he's enough of a psychopath to deal with the ones that run the system that he claims to be fighting.?

 

i will vote for him, but my answer is no. he isn't. 

 

Wed, 01/04/2012 - 12:10 | Link to Comment TruthHunter
TruthHunter's picture

In most cases it seems to require a psycho to replace one. Usually a worse one.

However, the ruthless opposition to evil can be a sign of a better than average conscience.

Our education has advocated the coexistence with evil to the point where such individuals are rare.

 

Wed, 01/04/2012 - 08:08 | Link to Comment onthesquare
onthesquare's picture

When one considers the promises Obama made and what of those has or could have materialized then you have to ask if the pre-president Obama was too good to be true. 

Should the president be asked to take the phychpathy test?

Wed, 01/04/2012 - 03:43 | Link to Comment Breaker
Breaker's picture

The wisdom of the founding fathers is that psychopaths with a monopoly on the use of jails and guns are the most dangerous of all. The stupidity of progressives was to think that they were noble and wise enough to be trusted with that power and so they overthrew America's system of limited government. They were neither noble nor wise. And so here we are. The president, the speaker of the house, the senate majority leader and a few key committee members control the flow of about 3 trillion dollars every year all by themselves. They control a regulatory bureaucracy that has indirect power and imposes indirect costs several times that. And now they have the power to detain American Citizens indefinately.

It is ridiculous to give anyone that much power. The psychopaths in government and the psychopaths in big business and the psycopaths in the administrative agencies all joined hand in hand to loot the producers and the middle class. Eventually, the parasite consumes the host and things will reset. Probably violently. And probably with results even worse than the system today.

Wed, 01/04/2012 - 03:17 | Link to Comment TerraHertz
TerraHertz's picture

Bullets.

Your argument is invalid.

Wed, 01/04/2012 - 13:23 | Link to Comment JW n FL
JW n FL's picture

 

 

after 40 years of talking, protesting.. and marching..

we are worse off!

the only thing that Protesting does! is entertain the Rich! http://www.youtube.com/watch?v=2PiXDTK_CBY wait for the part where they march in front of Wall Street and get laughed at by those partying on the Veranda'..

40 years of Protests is what got us here!

it is time to start voting with bullets!'

it works for our Government!

and maybe some controlled demo work? http://www.ae911truth.org/

do you want to know why Wall Street has been lobbying for Tougher Sentencing Guidelines?

Crime is Down! http://www.fbi.gov/about-us/cjis/ucr/crime-in-the-u.s/2011/preliminary-annual-ucr-jan-jun-2011

and since Wall Street has Privatized Prisons.. it is the LAW! that the Corporations that own those Prisons must make them as Profitable as possible!

almost $100,000 dollars a Year per inmate in regular prison.. not the really high tech dangerous prisoners.. then it is North of $100k per head!

and you wonder if the Army operating in America against the Citizens of America is the problem? how about Wall Street's 250,000 person private army.. mercenaries that for $10k a month will shot into crowds all day long! just like they did in Iraq! http://www.youtube.com/watch?v=BDoX8UnQ4D0

wake the fuck up! whoever down arrowed this guy! needs to wake up to reality.. put the Bong down!

 

Tue, 01/03/2012 - 22:55 | Link to Comment razorthin
razorthin's picture

Coir here, George, coir.  But thankfully, it looks like the coir is growing fast.

Tue, 01/03/2012 - 22:48 | Link to Comment web bot
web bot's picture

Great read GW.

Don't ever doubt that you are doing your country a great service by what you write.

Tue, 01/03/2012 - 22:21 | Link to Comment Dingleberry
Dingleberry's picture

This issue has been well known for quite some time. The ONE overriding trait that you can see all the time with these psychos is sexual addiction and/or perversions, and promiscuities.   We studied this a lot in my psych rotations.  Think of all the political sex scandals, and then think of the ones you don't even know about.  What this demonstrates is the complete disregard for others, especially those in weaker positions.  This is why you cannot seperate the man's personal life from the office he holds. There are some exceptions, but not many. But in America, folks always think that those are seperate and distinct issues.  If you bring stuff iike this up, you are called all kinds of denigrating things and accused of being moralistic. You get what you deserve.....and you would think by now that the voters would have figured this out.  Do not elect folks with drug histories, womanizers, and those that would betray their own families. But you idiots won't learn......anything goes. Including your country.

Tue, 01/03/2012 - 21:08 | Link to Comment Cheeky Bitch
Cheeky Bitch's picture

DICK GRASSO IS THE POSTER BOY FOR THIS THREAD..ALONG WITH SYRON, WEILL AND COMPANY!!!

Tue, 01/03/2012 - 21:06 | Link to Comment red_pill_rash
red_pill_rash's picture

A must read book on phsycopathy:

Political Ponerology (A Science on the Nature of Evil Adjusted for Political Purposes)


There's a self evedent reason why 

Zbigniew Brzezinski worked to block its publication...

 

Tue, 01/03/2012 - 21:05 | Link to Comment VyseLegendaire
VyseLegendaire's picture

George Washingtong I have to say you make quite a few amateurish posts and its about time someone called you out.  The fundamental reason we have pathological people at the tops of corporations and government structures is not because those people are aberrant, but rather because they are normal – or rather, perfect exemplars of our social values.

That is to say, our society is pathological and diseased at its core, and those who learn its core values the best rise to the top, just as it is ordained.  There is no such thing as 'mental illness' in my opinion, aside from clear indications of trauma or brain defect – only learned behaviors and adaptions to adverse conditions.  If you threaten someone with expulsion or death if they do not act 'psychopathically,' as described, then they will become just what you wish.  Ask any PTSD soldier or lying politician. Just go to public school, university, take any 'standardized exam' – the goal of each is to condition you to submit to the rules of the hierarchy for your reward, rather than to act on behalf of reason, virtue, or justice. 

So what we need is a reworking of our individual moral compasses so that we don't give in to large social and cultural evils and fight this battle one person at a time, as we avoid raising children with aggression and coercion, as the state flourishes on dysfunctional families.

Wed, 01/04/2012 - 03:12 | Link to Comment the tower
the tower's picture

"There is no such thing as 'mental illness' in my opinion"..

 

It's a good thing that your opinion is irrelevant. Scientific research determines what mental illness is, not you.

Tue, 01/03/2012 - 23:41 | Link to Comment JW n FL
JW n FL's picture

 

 

the people get the leaders they deserve in a Democracy?

really?

thats what you got?

thats why you took the time to respond?

you are a wealth of information and I am surprised to my very core that you have not single handedly solved ALL the Worlds Problems by now.

http://www.youtube.com/watch?v=l7AWnfFRc7g

leran something about yourself and everyone else.

Wed, 01/04/2012 - 07:56 | Link to Comment KickIce
KickIce's picture

A couple of points.

It seems that corrupt people are those that aspire for power.

As a population we have grown lazy and complacent and have taken our freedoms for granted.  Our schools have been dumbed down so that most are oblivious to the noose that is being placed around their necks.  Thomas Jefferson stressed the need for the citizens to be well informed.

With all the social programs and protective services, for our benefit of course, in place, we have allowed ourselves to be purchased with our own money.

 Our system works only when lady justice is blind and laws apply to all equally.

Wed, 01/04/2012 - 12:03 | Link to Comment JW n FL
JW n FL's picture

 

 

there are NO! Just Courts and if there are the number is so small that it does not affect the Nationwide Crime Spree that never sleeps.

Judges get re-elected.

Judges are Lobbied thru re-election.

or!

they are Lobbied thru offshore trusts to the Law Group that they are part of even while sitting on the bench.

America is corrupt to its core.

and anyone that is anyone knows exactly how and why it works.

there was a line from an old Al Capone Movie.. the Untouchables.. Kevin Costner asks Sean Connery how are they going to find the booze.. and Sean Connery says.. "Everyone knows where the Booze is, thats not the problem" and it applies to this conversation.

Everyone knows that Police get paid, on duty to vote!

Everyone knows that the NDAA Bill Obama (did NOT Veto) signed into Law is not for now.. it’s for later.. when and if the American People do STAND UP! for themselves and fight for their Rights..

McSame said that the NDAA is to protect his way of life.. what McSame did NOT! say was it is to protect the Constitution.

All these Repugnants have a party line.. we are going back to what made America Great..

NONE OF THEM ARE going to give back any power the Public was stupid enough to let them have!

40,000 Laws were passed in 2011.. with a Repugnant Congress and Senate? Less Government?

America is screwed,

The Broader Populace is Stupid (no they can NOT be educated) and Lazy.

The Government Celebrates Fraud! Rewards Fraud! Civil Penalties for the Fraudsters.. and You and I get Criminal Court for a speeding ticket let alone anything worse.

and Protesting.. non-violent protesting in America is considered a Terrorist Act by the Department of Home Land Security.

and the Government does NOT need a warrant from a Judge or a jury to find you guilty of anything for YOU to go to Jail Forever!

American Values are DEAD! thusly America is DEAD.. just because the Body is still kicking and squirming.. doesnt mean there is any real life left in the Body!

WAKE UP! it is over..

even if people started a revolution tomorrow.. who would they go after? Democrats? Republicans? the Lobby Whores in Washington DC? the Lobbyists would fly to some warm offshore island.. the Real! Money!! pulling stings has Plan "B" in hand.. they will be unscathed by any Real Damage the Stupid Poor People manage to pull off before the Army / Meter Maids Dressed Up Like Marines gun them down.

It is OVER! there is NOTHING TO DO! but participate in the Robbery and try to live as best you can without losing your soul.

I am just kidding.. we can kill all of the Treasonous Scum and still make an early happy hour.

 

 

 

Tue, 01/03/2012 - 20:56 | Link to Comment El Gordo
El Gordo's picture

I'm a good psycopath, so why can't I get in with the wolf pack and help loot my share of the nation's treasury?  Who do I need to call, step on, lie about, take out, or whatever to get mine?

Wed, 01/04/2012 - 08:19 | Link to Comment onthesquare
onthesquare's picture

The first rule of being a psychpath is you do not own up to it.  Denigh, deny, deni.

Some one out there is writing a computer script to allow a machine to take over.  I think the first thing the machine would do would be to turn terminator.  The perfect psychpath.

Wed, 01/04/2012 - 07:55 | Link to Comment Cast Iron Skillet
Cast Iron Skillet's picture

sorry, don't buy it. you might want to be a psychopath, but you're too ... wimpy. sorry. If you really were one, you would already be bustin heads, chopping balls off, etc.

Tue, 01/03/2012 - 20:53 | Link to Comment King_of_simpletons
King_of_simpletons's picture

Psychopathic boss-men exist not just in Wall Street but throughout corporate North America. 

Tue, 01/03/2012 - 20:49 | Link to Comment Bartanist
Bartanist's picture

I have been hearing that the time of the psychopaths is over and that it will probably get bloody, but they will be gone and the new and improved human race will be able to go on without them.

Homo Luminous with a bullet.

Tue, 01/03/2012 - 20:48 | Link to Comment mendolover
mendolover's picture

Thanks GW!  Thankfully by the second paragraph I learn that I'm not a psychopath!  And neither is my candidate for the White House!!  Ron Paul 2012!!

Tue, 01/03/2012 - 20:46 | Link to Comment blindman
blindman's picture

the thing about the top psychopaths is they are paid
large sums of "money" to do the internal stealing
of "benefits" from the organisations employees,
the benefits, to spare the organization the cost of
said commitments. watch the stock options, compensation,
become worthless as the stock price drops. the retired become
screwed out of their compensations, the organization skips on
the payouts, then the stock recovers.... then the psychopath
in charge leaves with the golden parachute, having done god
knows what else and other god's work.
anyway, there the initial sentiment. in deconstruction
or deflation even that which is nailed down becomes the resource
base of future survival; every dumpster diver knows this never
mind the psychopaths.
trust no man.
know thyself.
psychopaths are employed to be psychopaths by other
psychopaths in need of a fall psychopath, for the money.

Tue, 01/03/2012 - 21:05 | Link to Comment Mareka
Mareka's picture

Of course all of these guys are completely immune to Congress' usual punishment, the Congressional hearing.

Sit in front of a microphone for a few hours listening to questions intended to inflict shame & remorse then go take their private jet home.

deez guyz don't know from remorse.

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