Thursday, October 1, 2009

"The legal system, the regulators practices, traditions, common sense, playing for a longer time horizon of defined sucess (if you eat the sheep too fast its kinda short sighted) a sense of social justice and a different sense of patriotism were barriers that protected the sheep in the past.

The oligarchs are now too short sighted, rewards are misaligned and the regulatory system as unprepared as it was in the 1870-1910 period. Whats more the sheep used to be well versed and better educated about the wolves intent....now they are too fat and too lazy and too easily co opted. imho."

Got this off a NY Giants fan message board.  Bill2 expressed the nutshell of the current problem vs. past eras.  The current crisis is just part of a bigger dilemma.

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