Sunday, May 15, 2011

Dear America:

"Isn't it great that we live in a country where destroying the American economy is merely socially and morally horrific rather than actually illegal?  Here's a long list of the truly awful things the main figures in the financial crisis did, and they cost this great country trillions of dollars and now you little people will have to spend the rest of your lives paying for it as we demand you must bear the brunt of the coming austerity cuts.  But really, if we had criminalized any of this, what kind of democracy could we call ourselves?"

--Roger Lowenstein, Bloomberg News

Bonus Verbatim Stupid:

To prosecute white-collar crime is right and proper, and a necessary aspect of deterrence. But trials are meant to deter crime -- not to deter home foreclosures or economic downturns. And to look for criminality as the supposed source of the crisis is to misread its origins badly.

Taking an apple is illegal.  Taking an entire economy is free market capitalism at its finest.

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