“The steel mills were laying people off left and right. They finally went under. We gave the steel companies a break when they needed it. You know what they gave themselves? Raises.”
- Frank, from the 1988 John Carpenter film They Live
“Those That Flee From The Sun” is the English translation of Solifugae, which is an order of Arachnida better known as Camel Spiders. I feel this accurately describes the behavior of the people behind the rampant malfeasance in the financial sector. Everyone knows who Barack Obama and George Bush are. Comparatively few are aware of Cassano or Blankfein. Their relative anonymity, combined with their deep pockets and close friends in Washington D.C., ensure that they never have to be accountable for anything they do, no matter how many lives their actions affect. If the SEC won’t do anything about these guys, at least I can put their names out there and let people know exactly who is behind the recklessness that got us here.
I have more that I’m working on in this vein that will deal more specifically with how each of them actually contributed to imploding the global economy.