There are times for genuine concern in life, but the antics of Wall Street may be of less necessity than they would like us to imagine.
Goldman Sachs has not nearly enough societal value to balance its social pollution. They need to be cut off immediately from all government subsidy and restrained in their ability to game the system.
Excessive size and leverage breeds interdependent fraud, political corruption and inefficiency, and pseudo-scientific rationales for the ridiculous from domesticated economists.
Take the big Wall Street Banks apart into self-sufficient components, save the depositors, and start worrying about the things that really matter.
(h/t qqqbear and paine)
Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said