Human beings tend to be overconfident. Thus, we should continue to give the greedfuck ultra-rich corporate oligarchs who spent the last 10 years utterly destroying the United States economy complete unfettered free motherfucking rein to continue feasting on the blood, sweat, and tears of the other 99.9% of American citizens.
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5 comments
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LadyDay
October 29, 2009 at 7:41 pm (UTC -7) Link to this comment
David Brooks is a conceited asswipe slimeball. That’s all there is to it.
Those bastards who are leaving certain financial “industry” giants because they’re getting lower pay *should* get lost.
Larry H.
October 29, 2009 at 8:27 pm (UTC -7) Link to this comment
I’m sorry, “fuckface cockwad” and “asswipe slimeball” are much too mild for David Brooks. Sadly, we’re no longer allowed to say, “first up against the wall when the revolution comes.”
El Picador
October 30, 2009 at 1:01 am (UTC -7) Link to this comment
I say that all the time Larry, stop being a wilting violet
Alex Palazzo
October 30, 2009 at 1:04 pm (UTC -7) Link to this comment
“Since the masters of finance have been exposed as idiots, the masters of government have concluded (somewhat illogically) that they must be really smart.”
I am sick and tired of critics, on the right and the left, who claim that the market isn’t rational, that CEOs are stupid etc., and that this pattern of idiocy is what caused the recent financial collapse.
Those CEOs and mortgage lenders knew exactly what they were doing – making tons of fast money. Let’s not forget, the quickest way to make a buck will alawys be to rip someone off. Right now the US economy is structured in such a way that corporations MUST take this strategy, even at the expense of long term viability or else they risk being out competed by their neighbours. If one mortage lender doesn’t rip off that shmuck, the other guy will. If one company isn’t aggressively extracting money in anyway imaginable, investors will sell off their stock in favour of someone more ruthless.
Bottom line, the market in its present form is marvelously efficient at ripping the small guy off. THAT’S WHY YOU NEED REGULATION.
This whole gobble-dy-gook of “irrational markets” and “idiot CEOs” is the stoooopidest myth out there.
Katharine
November 1, 2009 at 5:19 pm (UTC -7) Link to this comment
We’re not allowed to say ‘cocksucking lizardshit skullfuckbadger’?