Mbuna

Sure It’s Legal … But Is It Right?

I think it's important to understand the bigger picture so here are a few things to think about.

1. The bank bailout was not evidence of moral hazard so much as the demonstration that moral hazard and financial immorality has won the war. Everything that has happened since then is justifiable proof that is so.

2. The financial sector is at the apex of the pyramid but you must add in all the other massive corporate sectors that helped make this happen not the least of which is the mainstream media and its culture. Then you have all the lobbyists who at this point really run the show in Washington DC.

From my point of view the fat lady has sung and we are on the verge of beginning to see just what the consequences of all this are.