They Shoot Horses, Don’t They?
July 16, 2010 at 9:11 am Leave a comment
Reading with interest this morning all the analysis about the newly passed Financial Reform bill. Or as Harvey Pitt called it, “The Lawyers and Consultants Full Employment Act of 2010.”
Aside from it appearing to be the usual mess that all these omnibus bills inevitably end up becoming, I was struck by the following image.
It’s as if Congress had decided the best way to prevent future problems is to leave the barn door open, and instead surround the building with a make-shift, split-rail fence.
Long after all the horses have escaped, naturally.
Oh, and they knocked down the barn, too.
Disclosure: I hold no position, either long or short, in any stocks mentioned here.
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