I’ve been busy with work the past few days – I should have mentioned in last week’s introduction that my day job, at least through November, is helping someone try to get elected to Seattle City Council, so between now and Nov. 8 my blogging will at times be sporadic, subject to preemption by various campaign crises large and small.
I do still read, though, and my capacity to be aghast is, happily, still pretty much intact even in these insane times. And so, as I read this, I can’t help but wonder how on earth Wall Street crooks can ever be brought to justice in anything like a systematic way, when the people in the policing institutions have so many financial, political, and personal ties with them? It seems like all the stars have to align, and then a few other breaks have to happen, in order to even catch a blatant crook like Madoff. If someone’s working under the Too-Big-To-Prosecute umbrella of, say, Goldman Sachs or Bank of America, well, good luck with that.
Also, too: a whole bunch of people have been camped out and protesting at Wall Street since last weekend, and nobody in corporate media much cares.
