xthread: (Default)
xthread ([personal profile] xthread) wrote2011-02-21 12:47 pm

There Oughta Be A Law!

In another venue, someone argued 'the people who caused the mortgage meltdown be in jail?!'

I don't know if any of you, dear readers, happen to hold that view, but, if you do, would you be so kind as to tell me, in general terms, who you think ought to be in jail, and in specific terms, what you think they should be in jail for?

Let me note two important things at the outset: remember that lying to people is usually only against the law if you're doing so to cheat them out of money (which is why Bernie Madoff is in jail), and it's unconstitutional to make laws that make something retroactively illegal.

Got your moral outrage ready? Go!
kest: (Default)

[personal profile] kest 2011-02-22 07:01 am (UTC)(link)
I think, pretty much, even if you've realized you're in a bubble, it is very difficult to tell when it might pop, but it is *not* safe to assume that popping is immanent just because you've realized it exists.