Saturday, December 13, 2008

It's a Madoff world out there

Big and small are losing their shirts.

6 comments:

My Frontier Thesis said...

So as the Grand March of History continues, some are led to believe in the "Progressive" maxim, that old fashioned Whig Interpretation of History where Humanity continues to march onward and upward. Learning from our predecessors, learning about what to do, about such things as duty and honesty, teaching each generation that money, seriously, isn't the exclusive nor the top reason of fulfillment in being a human proper. Yeah, we say all this, we try spreading around the paradoxes that Tolstoy, Twain, Chekhov and such demonstrate in their literature, and then the Madoffs of the World return us to our senses: we soon know full-on the brute reality that the history of humanity — in the words of Hitchens' closing sentence in his Jefferson biography — is a history of one continuous tragedy after another (at least there's a recurring theme). In this case, the tragedy came in the form of corruption.

Tecumseh said...

The big fallacy is to believe man is perfectible. He's not. Even if now and then there are bursts that propel us upward, in the long run, we regress to the mean.

Arelcao Akleos said...

Hey, guys, how can you get a case like this one and not mention The Sage, W.C. Fields?

Tecumseh said...

What about W.C. Fields? What did he say?

Arelcao Akleos said...

He said: "There's a Sucker born every minute"

Arelcao Akleos said...

He also said other appropriate things about such situations, but this FCP is, in its own fashion, a family blog.