frank miller

[alice wellintown]

As Franklin sez, an ounce or prevention is worth a pound of cure. The
isuue, the man sez, is not,  to bail out or not bail out...but what to
do with "banks" in need of a bailout. This is kinda silly. You bail
them out if they need a bail out. Intervention, the man sez, is
inevitable. So, what does this man tell us really? What is his point?
That hindsight is 20-20 and that prevenetion (i.e., better
law...regulations) after the fact won't do anything for the mess we
are in but may be worth a pound or a bunch of Euos in the future.
Sounds like a hedge to me. To others it sounds like a bet.

But how you gonna prevent those smart ass boyz from the Wharton School
from making new contracts, derivatives if you prefer, that circumvent
the new law and regulations? And, since so many of these pundits don't
want anyone who can be or was or might be on the payroll or bonus roll
of anything that looks or acts like a "BANK", who is gonna write that
law and regulation tight enough to keep the whiz kidz from making a
jig that fits over it?

But this extraordianry popular delusion and madness will be dispersed
with the OWS crowds soon.