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hay rick

(8,322 posts)
3. Too much inequality.
Mon Mar 25, 2013, 07:00 PM
Mar 2013

From their point of view, I suspect too much inequality describes the situation in which the parasite kills the host. If their usual blind greed is ever interrupted by an "enlightened self-interest" epiphany, they might realize that when they suck too much wealth out of the economy they are destroying the ability of the masses to sustain consumer demand. The economy is pushed into chronic under-utilization and their ill-gotten hoard of cash sits uselessly on the sidelines for lack of productive investment opportunities.

I had to laugh when I read that the NYT says the London Whale criminal investigation is at an advanced stage. The slap-on-the-wrist fine and the consent decree must be ready to pull out of the oven. Will the dish include a low-level scapegoat as garnish?

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