Sunday, April 18, 2010

A Little Goldman Update


Count me among the skeptics regarding the reams of opinion coming out this weekend that the pending SEC case against the vampire squid stands an excellent chance of opening the floodgates (of hell) on the likes of said squid and other high profile criminal actors slouching and slithering about the banking and financial world.

Whatever the outcome, we onlookers are about to have something either affirmed or called into question. Should the SEC drop the ball in this case, as they customarily do-when they don't simply turn their backs on capital market criminality, as I would assert is their actual remit -then those who are in doubt should have irrefutable proof that, where the Obama Administration is concerned, our President is, indeed, not a change agent but, rather, a calcifying one. However, if this case gains steam, and most importantly, becomes a criminal proceeding, hopefully with local magistrates riding herd on the lawsuits, some of us will have to rethink matters regarding the true nature of Obama and Co. In the meantime, I'm not holding my breath.

7 comments:

Debra said...

Great link to Economusings, Edwardo.
I am VERY HAPPY you introduced me to this site.
Thank you.

Edwardo said...

Well, I'm glad I could be of use somehow.

Debra said...

Are you harboring your Garfield smile as you say that, Edwardo ?
Be careful..

Debra said...

Hmmm. Checked out Volatility for 20 mn today.
I swear, Edwardo, you are a crusty curmudgeon hiding a heart of gold...

Edwardo said...

Yes, I have been called that before.

Debra said...

Hey, Edwardo, I just checked out Jesse's American Café on the subject of the federal government's deploying military force during civil unrest...
If YOU had seen what I saw in the Washington D.C. airport, or in Roman Polanski's film last night, you would realize that the law looks good on paper, but...
totalitarianism has ALREADY come to the U.S.
Whaddya think ?

Edwardo said...

I think that, as per my most recent blog post, we are in psychic accord.