“Most of them became wealthy by being well connected and crooked. And they are creating a society in which they can commit hugely damaging economic crimes with impunity, and in which only children of the wealthy have the opportunity to become successful. That’s what I have a problem with. And I think most people agree with me.”
Charles Ferguson, Predator Nation
The new record high of 5,000 Nasdaq, reminiscent of the last time we were here, at the height of the tech bubble, almost fifteen years ago, was short lived, at least for now.
There is certainly no reason why it could not go higher, even much higher, again. Their hypocrisy and shamelessness knows no bounds. Especially now after so many successful frauds with so little in consequences.
What surprises me is not that men deceive and betray their fellow men. Any student of history will know of this recurrent, almost obsessive tendency, of a careless few.
Rather, what surprises me is that they do it so recklessly, so wantonly, and relatively, for so little compared to the carnage and misery that they leave behind.
Have a pleasant evening.
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