Complain, gripe, moan about it. Keep them away then bitch that they came too late. I am talking about Wall Street, both pundit and traders. This is a Free Market turned Afraid Market. But it is too late, so now they complain that the bailout didn’t work. Like the late great FEMA, this is disaster management that arrives with sandbags and tarps. Too late. Use the tarps to cover the bodies, the sandbags to mark the graves.

If there were some way to contain the collapse to those on the street, then let it fail, but we can not. Nevertheless, no one on the street will learn this lesson. They haven’t learned it before. No matter how far they fall, they will never understand why.

Risk without danger is not risk.–webionaire

Our mess is self delusion. We have been fooled into thinking that markets lower risk. We do this at the blackboard.

You have placed the blindfold of “Hedge” over your own eyes.–webionaire

The firing squad is gathering in a circle. Let’s hope the blindfolds are bullet proof.