Look at all the little piggies in their starched, white shirts...Catch us the foxes, the little foxes that spoil the vines,
For our vines have tender grapes.
—Song of Solomon
* * * * *
Anyone want to bet the smug attitudes toward the SEC uniformly evident among Fast Money traders in the following piece one day will be a source of profound regret?
What's missing among these folks is any sense about politics and power. Of course, these are the same people who believe the financial crisis of 2008 is a fading factor affecting present circumstance, believing the Fed in particular is ahead of the curve and capable of preventing a calamitous collapse of the financial system. These among majority interests will sooner deny financial collapse is continuing to this very day, and so ignore social ramifications that, invariably are stirring support for political redress. Such will be opportunity seized by a new generation of political representative calling for investigation and prosecution that justice might be reestablished.
What sort of advocate for capitalism would sooner bemoan the SEC's justified intention against those who have committed criminal acts than voice strong support for such vigilance as is necessary to keep the very foundation of capitalism stable and strong? They say, "Bulls make money, bears make money, and pigs get slaughtered." I give you those among pigs. Apparently, criminal activity provides these a meal ticket. Indeed, they appear to have been so lusciously fattened as to be oblivious to their approaching demise.
—Tom Chechatka
0 comments:
Post a Comment