Wall Street walks the pirate talk
September 19, 2008 by Miki Saxon
Today is International Talk Like a Pirate Day with the goal to “unleash your inner buccaneer.”Black humor indeed, considering the financial headlines this week.
Wall Street not only unleashed its inner buccaneer, it walked the pirate talk to financially rape and pillage with nary a thought to the consequences.
That’s what 30 years of bipartisan deregulation (three Republican and two Democratic Presidents) gets you.
Not that I think regulation always works, nor that Congress crafts good regulation, since it’s heavily influenced by lobbyists, PACs, and other special interests.
But assuming that “leaders” will act in the best interests of all is way beyond stupidity.
To …read more