President Obama says he sees a glimmer of hope in the economy. OK.
His top economic advisor, Larry Summers, assures us the economic free-fall will come to a close within just a few months. Great job.
But you know what, fellas? It would make me feel a lot safer if you would start criminal proceedings against some of these crooks in the banks, these frauds on Wall Street. Start with AIG and Bear Stearns and work your way forward.
Set aside the morality issues -- the bonus money, the arrogance, the sense of entitlement, the lavish trips, the trillions and trillions of moneys lost that wiped out middle America’s saving -- set aside all that. Consider only the law.
Do that and get back to us.
If you are going to leave the same people in charge of the nation’s economic system, eventually they will fall back into the same traps laid by their own greed. Happens every time.
But send some of them to prison and they will at least think twice.
Here’s a thought from Jon Stewart, America’s modern Mark Twain:
“What’s the difference between a Ponzi scheme and an investment bank?”