Belmont Club

By Richard Fernandez

Bio

Get Updates From Richard Fernandez
A Comment About

Homogenized, sterilized and pasteurized

November 29, 2009 - 2:45 pm - by Richard Fernandez
Geeze Louise
2009-12-01 14:16:32

2×4@208: The power is what is so exciting.

Oh I understand that. What angers me is the hypocrisy and the chickensh^t scale relative to the Great Bank Robbery. On the one hand we have the end-of-the-worlder’s in Copenhagen fishing for their legal writs of justification while being bought off for a measly – what’s the current number – $60B?. (But I will say those valadj vectors discovered in the code are a piece of work – just breath-taking, if confirmed.)

On the other hand we have Lloyd Blankfein of Goldman Sachs allocating a few hundred million for a fund to help small businesses weather the recession, doing “god’s work” dontcha know while air brushing Goldman’s image after salvaging the bonus pool for those awesome ‘performers’ in the front office.

One side does it “for the children”. The other side does it “for the performers.”

They really do think we are that stupid.

I don’t have an informed opinion on whether the Fed should be forced to open it’s books or not, but just for the pure hubris of recent behavior, I’d open their ledgers and go at it with calipers and magnifying glass.

They really really do think we’re that stupid.