Thursday, May 19, 2016

Moral Dillema

Bankers are a tricky bunch. I think of them as characters in a Cheech and Chong movie. You know the straight looking figures, reacting to the antics.  Yet as we discovered, corruption came into their field and made many of them wealthier than the people who's money they invest. 

Then came the moral dilemma. All the people who had their money tied into this thing, and all the others who were quietly on the take, treating it as if it was the norm, the way things are. Here is where it starts to ooze with bitterness. A lot of people went along with this financial scandal, and I do not blame the people on the top (though they are guilty and should be jailed) I blame all the people who went along with it and gained from it. I blame the mortgagees, the companies, that underwrote, the low level bank employees that took stock in it, and possibly millions of people secretly going along with it, or even turning a blind eye. It's not the fact that people have compromised their ethics, that's just a small part of it. It is the sense entitlement which comes with the corruption , the acceptance of it going along with it to gain advantage. 

The bottom line is that they turn on everyone else, and begin treating them like suckers, idiots, or weaklings.  This is where Mr. Sander's 80 hour workweek comes in.  Most of that time is spent on the I-pod listening to music or, of course social media. 

The bankers are the ones however propelled into the upper status with the people they once served. Now it is their time to get a piece of the honey pot and they are hoping to secure a place as the new elite. 

Well there you have it, a wave of corruption that just spoked us back 130 years. What can be done about it. I have some ideas, but it has to start with holding people accountable. To hell with self-preservation government ain't hollywood, if punishing the criminals means never working in the town again, then you got a big problem. There needs to be consequences in the financial field, people need to go to jail. If not for these minions, who are living high on the hog, knowing that if their bosses are not taken down, there is zero probability that they will be taken down. I have not seen any candidate except Sanders bring this up. It is because they can fiddle with the system and cry free markets when the are questioned. It is not that, you can bet on it. 

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