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)
"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless." Francis I, 16 May 2013