Saturday, February 6, 2016

Wall Street: “Their business model is fraud.”

Bernie Sanders said those words this last week about Wall Street when he was in Durham, New Hampshire: “Their business model is fraud.”

I recently saw the film, “The Big Short,” based on Michael Lewis' book, and came away from it with the same feelings as I had about Bernie's statement: “How can anyone not see it?”

Elizabeth Warren said not long ago that people do see it, very clearly. She said it directly, and simply, as is her way.

I hope and think that her observation is correct, but I also understand Mark Twain's observation of our remarkable ability to stumble over the truth and then to get up and to keep on running as if nothing had happened.

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