Courtesy of the SlealthFlation Blog
There is no question that some of the most astute and ambitious individuals on the planet are attracted to the wealth generation which takes place on Wall Street. On that score, those that stake their claim at the hub for global capital formation are no different than any of us in their thirst to make money. After all, the craving to quench parched lips has always been precisely what drives the American success express.
The desire to better one’s lot in life is the fuel that advances the free market locomotive. The primal quest for cash greases the skids which make the capitalist wheels go round and round, without that deep embedded human need to succeed the free market express would slow to a comatose crawl.
The unapologetic harnessing of man’s innate ambition and aspiration is fundamental to what makes America the most dynamic and prosperous nation to have ever lifted humankind. So no, I have no problem with enterprise motivated by personal gain, I vigorously applaud it!
However, unlike Wall’s Street’s perennial poster board, Gordon Gekko, I do have a distinct problem with avarice and greed. To privately succeed from one’s hard fought achievements in the private sector is to be commended and a great triumph to be proud of. On the other hand, to be part of a firm which conspicuously and relentlessly siphons funds off of the public trust is a deplorable disgrace and decidedly un-American.
Friday’s revelation’s by the internal tape recordings of Carmen Segarra, a Goldman Sach’s embedded Fed regulator who was simply doing her job, once again demonstrates for all to see just how far we have fallen down the ravenous rabbit hole. Ask yourselves. Why was her viable investigation thwarted by the Federal Reserve itself? The institution who’s stated mission is to monitor Wall Street simply scuttled the very notion of legitimate inquiry.
The country requires change. We demand the enlightened capitalism that our forefathers manifested, not the crony capitalism that Goldman Sach’s espouses and deploys with ruthless duplicitous abandon. And no, it certainly can not be characterized as doing God’s work. The time for substantive change beckons………….haven’t you seen and had enough yet?
via Zero Hedge http://ift.tt/1uQxnTs Bruno de Landevoisin