Yom Kippur is the Day of Atonement. World financial markets responded with a belated atonement for a decade of make-believe profits fed by gypsum-and-pressboard McMansions. McMansions with the life expectancy of a McNugget. Now the spoiled spoon-fed MBAs – the real welfare moms – are queueing up for the dole. That’s not really a fair comparison: actual welfare recipients only get their checks monthly while the MBAs show up every week or two. And they get more in one day than Health and Human Services or Social Security get in a year.
But it seems like the atonement isn’t done until the banks are nationalized.
Are U of C economists going to have their Nobel awards revoked?
Tell me again why we are rescuing these people, who never rescued anyone.