Banker Bashing

Enough whining about the bankers, already.  Thomas L. Friedman of the New York Times is the latest, with his “Did You Hear the One About the Bankers“.

There is nothing new here, merely more unreasoned frustration at not being able to compel others to do the right thing.

The reaction to corporate greed/stupidity is based on either the same compromising love of money – I hate Wall Street because I am worse off materially – or a demand for morality.  A campaign founded on the first is not going to work for obvious reasons, while history tells us one motivated by the latter, while well intentioned, is nonetheless futile, eventually becoming counter-productive.

When is America going to get a grip?  It was once great, because its self-belief trumped vain notions of earthly justice.  Then again, perhaps it was a facade all along and now things are tough the Land of Freedom cravenly resorts to political saviors and regulators to rescue itself from itself.

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