Senate Stock – Bogus

It is bogus; i.e. the report that senators make more money in their stock trading than the rest of us.

Yesterday evening I had to listen to a long peice on NPR about the recent propoganda that Senators do better with their investments than regular folks followed by a long unappolegetic slander along the lines of where their’s smoke theres fire.

There is a disturbing meme in the culture these days that nobody could possibly do anything except for reasons of self interest and greed. This creates contempt for our public institutions, encourages their distruction, and models a very bad behavior. Be careful what you wish for. If you announce that everybody in trade X is a crook pretty soon the crooks will all go into that trade.

The rational choice (aka greed) is not the only cause of human action. Maybe some people are talented.

Leave a Reply

Your email address will not be published.