Good morning, Netizens...
In this morning's cartoon, the Seattle-PI's David Horsey contributes a humorous glance at Goldman-Sachs' current situation, with the SEC finally throwing a bit of light into the dark corner from whence Goldman helped destroy America's economy.
Of course the politics of the time is that hardly anyone expects that Goldman-Sachs will ever be fined or serve a day of jail time, nor the SEC for allowing it to happen. My bet is that lots of public hearings will be held at the highest levels of government, with a gargantuan number of ominous-sounding statements by various elected officials, but no punitive damages assessed.
However, I never saw lady US Economy look so good before. Most of the time recently the US Economy more-closely resembles a Bag Lady working the dumpsters behind the Denny's Restaurant looking for a cast-off meal.
Unfortunately the numbers of dumpster divers working the City over these spring mornings are more common than you might think, and you can bet the SEC doesn't give a rat's patoot about them. In ways too subtle to conceive, they are still paying for SEC's gaffes.
Of course, your opinion may differ.