"Never in the last half century have so many had so little trust in their financial institutions, Wall Street, the Congress, and the government. I have about as much faith that my retirement portfolio statement is accurate or based on real information as I do that the executive and legislative branches will do tomorrow what they promised today.
I don’t know whether to be more upset at the woman in front of me at the Selma food market on Monday, who, with I-pod in hand, pulled out her welfare food-stamp credit card to buy quite a sumptuous cart of groceries, or the AIG whiz who trumped her 1000x in taking a bonus for running his company into the ground. The former is a petty con-artist but in your face; the latter is toxic and lethal and quite dangerous, but abstract and distant."
~Victor Davis Hanson
Thursday, March 19, 2009
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