Showing posts with label Deep Capture. Show all posts
Showing posts with label Deep Capture. Show all posts

Tuesday, October 20, 2009

Wall Street's Naked Swindle : Rolling Stone

A little over a year ago, I was scouring every article and source I could find, attempting to understand the frightening events I was witnessing.

Deep Capture was a blog I stumbled over, but to my poor brain, it seemed too convoluted, and frankly too conspiratorial in tone. I didn't think it was credible, and after some attempts to read and absorb, I moved on.

I was wrong. The authors of Deep Capture were spot on.

What I had balked at was the style of writing, which, to my feeble brain, made the presentation hard to follow.

This article by Matt Taibbi in Rolling Stone(of all places for an old fuddy-duddy like me to be reading) does a fabulous job of describing the outrageous criminality of both Wall Street and Washington at the top levels. It is numbing to ponder what has happened to us, while we were busily living our lives, raising our kids, going to church, and trying to keep the bills paid.

HT to Jesse, once again, for pointing it out. I sure as shootin' don't troll the pages of Rolling Stone!

I am grateful I was raised in a Southern church, because we were taught how to navigate our Bibles as children. The book of Judges is not light reading, as it describes how the most blessed nation on the face of the earth came apart at the seams, due to its own moral blindness and stupidity. The line is repeated several times, but is most pointedly used at the very end, inserted, I am certain, by the rabbinical editors just to make the point one last lamenting time:

In those days, Israel had no king; everyone did as he saw fit.

The narrative later moves to Samuel, who in response to popular demand, anoints a secular king, while warning the Hebrew Children of the horrific consequences attached. Rather than restrain their own behaviour, they opt for Saul, who turns out to be paranoid, and disastrous.

The problem wasn't the lack of a king. The problem was the lack of an ethical rudder.

Heaven help us.