From Charlie Pierce at Esquire, talking about the new scam going on in Big Insurance:
So, while we're conveniently distracted - Eddie Snowden, George Zimmerman, Darrel Issa's Clown Parade et al - we're not paying attention to another potentially massive collapse.
No soul and no honor.
"Give them a suit with rubber pockets and they'd steal soup."Here's the article Charlie's referring to, at NYT DealBook:
These complex private deals allow the companies to describe themselves as richer and stronger than they otherwise could in their communications with regulators, stockholders, the ratings agencies and customers, who often rely on ratings to buy insurance.What gripes my ass the most is that these boneheads are busy all the time coming up with new ways to game the system, which fucks everybody over, which tends to make normal people more than a little reluctant to be willing participants in being fucked over - these are the same guys who show up on CNBC and DumFux News to piss and moan about how there's way too much "uncertainty in the market place", and gee, if only Obama would just get outa the way blah blah blah.
So, while we're conveniently distracted - Eddie Snowden, George Zimmerman, Darrel Issa's Clown Parade et al - we're not paying attention to another potentially massive collapse.
No soul and no honor.
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