crooks and fools

Well blah, blah, blah, this still doesn’t pass my Bohunk fish eye test. I suppose at best it is some big gambling fandango. The winners crack jokes and the losers say deal. If it’s a zero sum game the only losers are the suckers and hell, we have more of them then we know what to do with. And they are only in it because they think they can make a living out of being just a little bit smarter than the guy next door, and both of them plink plink plonking on their keyboards buying and selling stuff that basically does not exist and with no more expertise than the folks on derby day betting on a horse because they like its name or the colors of the jockey.

And here’s another thing. Used to be they bought and sold these things down the street here. It was a fascinating show that I took visitors to. As the clock neared, I think it was eight o'clock this mob of oddly dressed folk would gradually assemble from idle milling to peak positions, a bell would go off, and they would be off, yelling and screaming and pointing at each other, and it looked for all the world that they would be coming to blows. Notes were passed, totals were tabulated, I assume fortunes were made and lost. It went on like that all day, until maybe five, and then it would begin again the next day. Now it is all bytes streaming here and there, maybe there are a thousand more trades made per second or whatever. So if this is such a whizbang thing that helps the farmer and the baker, how come farmers and bankers aren’t richer, why isn’t bread cheaper? Every now and then there is some glitch and the system crashes and maybe is down for a few hours, and you know, nothing much happens in the way of oh, financial collapse and the end of the world.

I believe you are aware that the rich are getting richer and the poor poorer. Did you also know that jobs in financial gobbledygook are also exploding and that is where you find most of the rich getting richer. Our best educated minds are not working on Beagles inventions for forestalling (for purposes of discussion only) they are pushing around decimal points and getting fabulously rich on it.

You know those commie slogans that sounded so good in the sixties but became a little dated over the last thirty years are beginning to sound better and better lately.

Having a visitor and taking a trip down to Indy this week. I may be able to squeeze out a post tomorrow, but after that I will be out the rest of the week.