I’m a big fan of Iniside Job and apparently so is this gentleman. I agree with his remarks. I too believe that the instigators of this calamity were evil, not misguided, not just skirting the edge of legality, but evil.
I hope people like this embrace the concept of evil as a explanation for actions taken for unimaginable greed. This is a difficult time to live in. But one of the reasons we live in difficult times is because it was arranged that way. People were not held accountable for their own actions. Banking institutions did not suffer the results of their mistakes. Thus we have the a country where the free market is cited for every problem and in spite of that a tax supported, profit guaranteed, financial industry with the morals of a rabid dog was protected from it. If you use the mantra of the free market to discourage regulation, you shouldn’t be able to turn around and get taxpayer money.
This is a good post. My thanks to The Compulsive Explainer.