04 March 2011

SP 500 and NDX March Futures Daily Charts - Emperor In Flagrante Delicto


“Hypocrisy in anything whatever may deceive the cleverest and most penetrating man, but the least wide-awake of children recognizes it, and is revolted by it, however ingeniously it may be disguised.”

Leo Nikolaevich Tolstoy

I cannot quite settle this in my mind. Has fraud and hypocrisy become so prevalent because the people have devolved into idiots, or because the financial powers, their media, and corporate and government supporters have become so emboldened, and brazen, and will continue to do even moreso until the common people, so often slow to action, finally decide what to do?

I can hardly watch the US financial television channels on the internet anymore, as the deception and hypocrisy is becoming almost fantastic, disorienting. These are educated people, and they seem to be willing to say almost anything no matter how ridiculous it might be.