Jul 24 2008
∞
“The collection of ne’er do wells, clueless dolts, political
hacks, and oh, let’s just be blunt and call them what they are —
total Idiots — expands into an ever larger circle.
“While the Republic burns due to the unsavory combination of
incompetence, ideological rigidity, and crony capitalism, the
fools and assclowns seem ever more determined to avoid any
personal responsibility for the damages they have wrought.
Instead, they flail about blindly, blaming everything and
everyone — except their own horrific negligence.
“This is financial incompetence writ on a scale far grander than
anything seen for centuries.”
- Barry Ritholtz, money manager, on the current market calamity.