Alan G, the banker’s man
Cut the rate and away he ran
The books were cooked,
The thieves have booked,
Now Ben Bernanke’s
On the hook…

I’ve decided that treating this whole business as a tragedy/calamity doesn’t do it justice. Ridicule, taunting, and scorn are the proper responses.

And some of that needs to be directed at our own selves.

We’ve lived comfortably in a society where “branding” and “image” are everything – substance is nothing.

We’ve lived comfortably with a two-tier education where brilliant people are routinely overlooked in favor of empty suits with friends in high places.

We were comfortable with millions of people all over the world subsidizing “free markets”..

We were comfortable with the morals and manners of the gangsters who are our elites, as long as the pendulum was swinging our way.

Now that it’s stopped and hit us, we’ve changed our tune.