A Randian takes an early Fall.
It’s about time!…
It looks like there is a tendency to go with what has worked in the past, using Clinton’s PWG, loaded with Randians.
Maybe we should let Joe build a VPWG composed of Jesuits.
If we can have PWGs with nothing but Randian Ivy Leaguers we can have VPWGs with nothing but Jesuits can’t we?
Did Summers and Greenspan really think that markets are self-correcting when driven by consolidated capital? They couldn’t see the “objective” reality, the consequences, of repealing Glass-Steagall and deregulation of derivatives? This is not a case of stupidity but abject corruption!
What is not considered to be a mistake by the operators is not likely to be corrected.
Looks like we need a new set of operators.
Randians have a good grasp of objective reality, manipulating the options and the futures with mathematical precision, it’s just the wrong one.