Sunday, April 5, 2009

The horses have escaped! Close the stable doors!

Well, that's the insane "logic" behind the notion of increasing the regulations on the financial system to "save" it, even as it effectively sells us the horses that have escaped, along with millions of other horses that never existed except in our imaginations.

If we are content with this pathetic "punishment" for "greedy" financiers, even as their agents run our economic policy, we are going to suffer the horrors for which they have worked hundreds of years, since we declared independence from them. The financial bubble was created to destroy global civilization, not so that a few greedy bastards could get rich beyond imagination, and we're letting them do it by letting their henchman Larry Summers run our economic policy, and continue to pump trillions of dollars into the bottomless pit of financial garbage they created.