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THe CoRRUPToiD...
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Look at that statement by Tacitus... 2000 years ago. Piercing. A harsh reminder that while millennia may come & go, the continuum of human nature remains unchanged.
Exactly so, Consuelo.
Washington, D.en of C.rooks - it's ALL crap....
Ivy League Douche
The E Pluribus Fool'Em logo would make a great T-Shirt, any plans to do something like that?
Reminded me of one of geigers works
Our bearded paragon of elitist deception has declared that he is sensitive to the concerns raised by chronic revolving door syndrome.
For that purported reason it would be inappropriate for him to join a bank (inasmuch as the Federal Reserve is a pathetically feckless institution when it comes to bank regulation) but it is perfectly appropriate for him to join a massively leveraged fund engaged in market trading activity.
It does not matter that he was the Chairman of the most secretive and powerful economic institution in the world. It does not occur to him that the rest of the trading world is constantly seeking advantage in learning how decisions are to be made concerning monetary policy. It does not occur to him that his special access to the those former minions who now control the macro levers creates a very strong appearance of potential impropriety. It does not occur to him that the most vexing question in the trading crowd is how and when those former minions will desperately attempt to reverse his own very misguided policies.
Sadly, taking a literalist approach, Mr Bernanke violates no criminal law by accepting this engagement. But substantively it stinks to high fucking heaven. It is an elistist thumbing of the nose at those who concern themselves with such trivial matters as seeking to preserve the public perception of a system with integrity.
Our system no longer has any veneer of integrity because scum sucking Wall Street sicko-phants like Bernanke, Geithner, Paulson, Summers, Schapiro, Greenspan, Holder yadda fucking yadda have all perpetuated the literalist approach that allows common criminals to avoid absolutely all criminal responsibility for financial crimes.
Small wonder that Joe Main Street has absolutely zero appetite for or confidence in our modern casino capitalist edifice.
And the by the fucking way, who gives a flying fuck if Bozo Bernanke advises Jamie Dimon on regulatory strategy. Isn't that what he has been doing his entire shitballin PhD career! Doin what he is told to do...
Of many comments you made in the post one sticks out and is one I have been mulling: "Small wonder that Joe Main Street has absolutely zero appetite for or confidence in our modern casino capitalist edifice."
I always thought that, especiallyin a fiat based "regime", that it was the people's faith that was basically the foundation of what mades things work - both good and bad. Loose that faith and it all comes unglued.
No, I readliy admit that I may either be 100% wrong, or participant faith is not as important as I think, or maybe the "modern casino capitalist edificie" has stripped "Joe Main Street's" faith as having any affect at all.
Serious query...
Pete
Is Joe MainStreet related to Joe SixPack?
It is true that the idea of small investors has become a quaint anachronism. But nevertheless it is an essential strand of the basic narrative of market capital formation. High net worth individuals have become the new analog to old style small investors,
The whole concept of capital formation is in a gradual process of reinvention. Crowd funding and block chain mechanisms will eventually clear away the need for Wall Street intermediaries. The role of trust and confidence in the next system will morph as well.
In the meantime, we can bear witness to the unraveling of the current model which in its current form is basically a sieve of predatory finance.
Scathing art and a scathing rant.
Cool it, U need a cookie. We can't afford to have you blow an Aneuyrism.
That twerp face is just begging for a slapping. I bet he got his ears flicked alot in grade school,
was the king of the wedgie, and was hung dangling from more than a dozen flagpoles.
Talk about audacious...and the NSA/CIA probably has his dic(k) pics.
He stole trillions. He's the greatest thief, ever.
He didn't steal anything. He created magic money out of thin air and passed it out to his cohorts in the Wall St. mafia. It's getting old to see claims of illegality since they bought and payed for the law's they work under.
He didn't do it by himself...
Citadel...
The Audacity of Crime
The audacity from Washington and Wall Street is on full display, and yet the sheeple trundle off to be sheared daily.
Nice quote.
Really, excellent--there's a reason classics aren't taught anymore. Plutarch's Lives, for instance: a bestiary of political character. Imagine if the average voter could actually assess character. One of your best, WB.
*upon leaving a restaurant*
"Aren't you going to PAY for that?"
"Listen, kid. We're CRIME. And CRIME doesn't pay!"