ladykatza

9/25/2008

“In a crisis born of greed and recklessness, pity is in short supply,” - Times

Filed under: Political Outlet, geek mother's rantings — ladykatza @ 11:13 am

Link to full article here.

The quoted paragraph in the article:

I am now even more firmly convinced that there really is a predator class. The people responsible for creating and bingeing on the mortgage junk bonds, derivatives and financial insurance scams that are now being bailed out are our society’s most educated, highly trained and wealthiest professionals. The Meltdown of ‘08 was not caused by con men, crazed moguls and panicked masses. It was caused by financial bureaucrats of the baby boom generation who were paid megabucks for office jobs, who wear Patagonia fleece, $12,000 Brioni suits and read books about “reinventing the Self.”

And probably my favorite paragraph, as yes, this is EXACTLY how I feel:

Already Americans broadly believe politics is low-rent at best, corrupt at worst. Confidence in the news media is a relic of the Cronkite era, even among practicing journalists. Americans are suspicious of lawyers, doctors and the clergy.

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