Star Parker


Sure, we're watching to see which Wall Street firm emerges as the basket case du jour.

And the 50 percent or so of us who own stocks in some form are paying attention to the impact that each major announcement has on the market and on our nest eggs.

But beyond this, it's like watching the mechanic play around under the hood of your car. You stand by with your fingers crossed hoping that he knows what he's doing and that the price tag of the damage won't ruin you.







There is, of course, a lot of discussion about the causes of today's financial turmoil.

It may be politically expedient to blame greedy Wall Street executives. And I have no doubt there's plenty of greed on Wall Street (or in Hollywood or elsewhere for that matter).

But as unattractive as greedy behavior may be, greed is not illegal.

I have not heard a single announcement about any Wall Street executive being indicted or about any law being broken.

But somehow it is legal and constitutional in America today, our dear country that supposedly has a Constitution that protects citizens and private property, for our private wealth and incomes to be used by politicians as collateral for their social engineering.

Star Parker
