There have always been, and always will be, ambitious, greedy wise guys who are willing to risk long prison sentences for the power and riches glittering before them.We must, as a society, always keep a gimlet eye on the banksters, for the same reason, except that the banksters who engendered the financial meltdown (and lined their pockets doing so) aren't going to prison.
The acolytes of Ayn Rand, who believe that there is no need to watch the banks and corporations, because they can be trusted to do the right thing, are fools suffering from a mass delusion. Their beliefs fly in the face of thousands of years of human history. One of those acolytes, Alan Greenspan, as chairman of the Federal Reserve, was the one man who single-handedly had the ability to stop the housing bubble from forming.
But I've blogged on this before.
So let me close with this quote (yes, I've used it before):
There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.
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