Sense and Nonsense

Jail Madoff Now

According to today's NYT, federal prosecutors are allowing Bernard Madoff to wander freely "throughout Connecticut, southern New York and Long Island," as long as he is in his Upper Eastside apartment from 7 p.m. to 9 a.m.

This is outrageous.  Why should this thief be allowed any freedom?  He has admitted to bilking thousands of people and organizations out of some $50 billion.  (Many of those people probably fleeced others to get the money they placed with Madoff, but that's immaterial for now.)  Seize this swindler's assets now, put him in jail, and throw away the key.

Shoot the Investment Bankers First

This article in today's NYT makes me angry and sick to my stomach.  It's about the criminally large bonuses that Wall Street traders and executives have been pulling down in recent years as they sold things that had no value.   These people are vermin -- blood-sucking leeches.  Not only did they add nothing of value to society in the years they were packaging and selling all these bundles of doomed mortgages, but they were engineering the collapse of the economy.