Beast of Burden
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- September
- 19

It’s a good day for analogies. How about: Wall Street took the magic Red Ryder bb gun of the free market, went running around like an idiot in the woods and effectively shot its eye out. And yours and mine too.
Now the govt has banned short selling on financial stocks for a cooling off period, and the hedge fund crowd are wailing and complaining, which must mean it was the right thing to do. They’d better get used to it. They are about to get regulated to death, which will also probably be no good for any of us. Way to go Wall Street wizards!
This entry was posted
on Friday, September 19th, 2008 at 9:16 am by Matt Davies.
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sighs
Between politics, economics, and telephone customer service, I think I might just kill someone tomorrow.
I think I need a day off.