Wednesday, October 13, 2010

Truth and law

Well, let's see, Bank of American was first. But, then, they bought Countrywide. So, would they not be first? What took them so long?

Then, we see others following.

Doing what? Admitting that they had robot-signing. Ah! How can there be truth in any situation where corners are being cut?

The question applies in general, as we see cost cutting as the main motivator for things that come back to bite us. In terms of public safety, it's always a battle between the lame-brained view of capitalism and the necessary view of we, the people.

Oh, wait! 'people' are no more than fodder for the capitalists to exploit. Yes, that age-old class oriented view is still around. With new players.

Then, we hear that Goldman Sachs spawned Paulson who then sat on his hands so that they could make a bunch of money. Old GS is trying to stay under the radar, it seems.

Methinks that what we have now is the reincarnated souls of the idiots of the past in perpetuity working out the same problems time and again.

Gosh, even the Dalai Lama thinks that he'll come back for another try.

What really grates is that those inclined toward that position of limited insight, namely the libertarian view - did they wipe their own butts as babies? (oh, wait!, their adulthood consists of expecting all to serve their wishes) -- think that capitalism is a divinely bestowed gift to them. And, the main prophet is Smith (Adam tells me that he never offered himself for that role), supposedly.

Then, they think that there are mechanisms (see Remarks) that'll magically bring their wishes to fore. In many cases, it is the fact that the money'd manipulate the law that is the key.

Oh, may we get started on the Magna Carta update? And, then start to build, construct, a better capitalistic system.

For those who may perceive the notion, yes, we need a constructive view, not that built upon fancy.


04/03/2011 -- Need to look at some background. New robber barons?

10/14/2010 -- Capitalism, as known now, requires an endless supply of suckers.

Modified: 08/24/2011

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