Sad truth. We promote predatory financial activities and then bail out the perps. We encourage decadence through legislation and decree. Still a lot of great people with some sort of moral anchor out there, but being overwhelmed by the absolute idiocy of what our system has become. All great empires eventually fail, and ours will be no exception. About 15 years ago I told a friend and fellow investor that the sharks were feeding. He didn't understand what I was talking about. Now he does, and "they" are after the last vestiges of middle class wealth. Pension funds, 401k and equivalents, savings, and any benefits that might have been promised. Could say Nero played golf while Louisiana flooded, but I suppose that wouldn't be nice!
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