Velociworld

The Big Scam

Corzine and MF Global are mere molecules on the big picture. The Big Scam. Capitalism only works when there is a bond of trust. Do you trust your bank? Do you trust the administrators of your 401(k)?

Main Street no longer trusts Wall Street. And for good reason. Most conservatives, myself included, don't mind a bit of systemic greed. It feeds production. It makes the wheels go round in a natural order.

But when the system changes, when it is no longer about production, creativity, worth, then it becomes a system of creating wealth out of damage. Currency speculation does not accumulate wealth out of the production of services or products. It accumulates out of the damage to another nation's currency. Likewise foisting off underleveraged mortgages onto other entities is short-term gain, but at the expense of one's creditors. You. And me.

This callous abuse of the capitalist system is fodder to the Marxist idiots now prevailing upon us to clean up their literal shit, so that they may play Anarchist once again tomorrow.

The old robber barons learned their lesson. It actually got shoved up their asses via trade unions. The new elite? They don't get it. They all contributed to Obama, who protects them as if they were endangered delta smelt.

The smart rich man shares the wealth, via stock options, extra vacation, whatever. These new pukes do not, and they are reaping the harvest of disgruntled morons, lounging in parks.

People are going to die. Once Europe collapses we will, too. People are going to die. And yet, we continue to spend monies beyond our intake, as if this is a fucking birthday party, and we get to wear our tiara.

One might call me a pessimist.