Economy
In reply to the discussion: Weekend Economists Ask: "What Were They Thinking?" March 16-18, 2012 [View all]Demeter
(85,373 posts)This is most excellent analysis, Jon.
And as the government of this United States, as well as Goldman Sachs, apparently sees nothing wrong with what Goldman Sachs is doing, not merely, to their clients but to the people through those actions which Mr. Smith, did not see, the ones that the President has termed, for lack of a too-big, applicable word, merely immoral
perhaps, it would, now, be timely to remind that government, that not only does that government derive its just powers ONLY from the consent of the people, the governed, but IT, the government is morally bound to act in accordance with moral principle and what is right, not wrong, for all of the people whom it purports to serve, not just a self-selected, astute monied elite?
Bloomberg does, indeed, make Smiths point. And that point should stick in the minds, not merely of the Big Boyz and Gurlz screwing around with eye-gouging footsie for-plays on Wall Street, but also in the CONSCIENCE of those morally and legally charged with regulating the sordid affairs which give rise to issues that impact upon all of civil society.
If the regulators cant, or wont, keep it clean, ought they not at least strive to keep it fair
it being class war, after all, not just a heavy-breathing lust for money
whatever the cost to muppets or suckers
or marks
or johns
?