Banking Law

Most bankers and bank regulators appear to be on hiatus until next week. The double whammy of Friday "flex day" and the day before a Saturday holiday has apparently driven the "bank biz" to seek a pool, an umbrella, and a cool beverage. Come to think of it, that sounds like a great idea.

Instead of a "serious" (always a relative term on this blog) post, I'll leave you with some recent snark from a "Snark Meister," Libertarian, co-host of ABC television magazine program 20/20, and blogger John Stossel. He quotes Alan Abelson who, in turn, paraphrases the late Texas writer and liberal pundit Molly Ivins: ? ?She could always tell when the Texas legislature was in session because every village in the state reported its idiot missing.?

Damn, you have to love a woman like that, no matter what your political bent.

Stossel claims that legislatures exist primarily to steal the public's money to fund liberal projects. Sorry, John, but they exist to steal the public's money to fund any project that will keep them in power, and often to fund their own lifestyle and the lifestyles of their family members. While it's true as a general statement that liberals favor big government and conservatives small government, members of both parties appear to be equally adept at pilfering from the public's pocket. If there's one thing I've seen in the decades I've been voting, it's that nobody I've voted for has actually managed, over any length of time, to spend less of the public's money that his or her predecessor.

Whether Republicans or Democrats, they're all village iditots, and we're even bigger village idiots for letting them continue to get away with it by playing us off against one another. So it has been, so it will always be.

That said, I'd rather live with the village idiots we've got here than, say, those idiots running Iran, North Korea, or...shudder...France.

Have a Happy 4th.