Rep07

Singing the Praises of Financial Innovation

F*ck innovation. We've had enough "innovation" to last a couple lifetimes. Innovation has already done whatever good work it can, long ago. Now that it's turned into a euphemism for fraud, fiduciary negligence and crime, let's crush innovation with the most Draconian regulation ever seen in America. "Free market" capitalism has all but destroyed the world in the last few years. It's time to beat the "free market" to its knees and chain it with punitive regulations that will geld "cowboy" management forever. We need to embed a permanent, total skepticism, mistrust, disrespect, and contempt for upper management into the regulatory system. We need to ASSUME a high percentage of criminal and evasive motivation is innate in management personalities, and design the system as mortally adversarial to those personalities.

We don't need innovation. We need stability and security, above all, in the financial system--AT ANY COST. America's MBAs and executives have proven forever that they aren't responsible or trustworthy enough to manage our system. Therefore, we need to take it out of their hands--in justice, anger, and vengeance.