Let the market decide!
The trouble with the market (hallowed be its name, amen, etc.) is that it’s people. Just like Soyent Green. An interesting NPR piece on thieving mortgage brokers. None of the interviewed did anything nasty, naturally, but they knew about all sorts of scams going on. There was just so much money in play, hardly anybody could say no to the lies, forgeries, cons, by the brokers, bankers, and other wankers.
Meanwhile, the same crowd that cheered on the frenzy is now wagging its finger at the suckers. Tom Tomorrow does it nicely here.
Thursday, April 10, 2008
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