Friday, August 10, 2012
Government imitating the worst practices of the private sector
It
seems the Mass. Pension Board is determined to ape the worst practices of Wall
Street, giving its executives bonuses when they make money or when they lose money.
Doesn’t matter. They always win. … You see, capital is critical to capitalism,
so that makes us critical to capitalism, and therefore don’t criticize us for
making so much capital, for we’re critical to capitalism just like the capitalists managing capital on Wall Street. Don’t you get it? …
