Nassim Taleb On #OccupyWallStreet And His Updated Views On The Global Banking System | ZeroHedge: "There was a time when Nassim Taleb media appearances were a daily thing. Then he decided to take a sabbatical from the public's eye, and literally fell off the face of the planet. And while over the past year or so, he has gradually resurfaced, his extended discussions on various topics are still almost as rare as a double digit move in the Dow Jones Industrial Average. Tonight he broke his vow of silence, and joined Bloomberg TV's in discussing the "Occupy Wall Street" protest, which he expects to devolve into class warfare, as well as his view of the global banking system. And an interesting tangential discussion to develop is his observation of applying the principles of the "Hammurabi's Code" to the banking system."
Moral hazard, socialization of losses, and naked oligarchic power. And the doofus OWC mommie's boys aren't smart enough to know they're just asking for more of it.
And I got a great laugh that they're complaining about having their PCs ripped off. They're too moronic to even understand they're just reaping what they're sowing:
Occupy Wall Street protesters said yesterday that packs of brazen crooks within their ranks have been robbing their fellow demonstrators blind, making off with pricey cameras, phones and laptops — and even a hefty bundle of donated cash and food.Good God. Yup, just like the Tea Party. Well if the Tea Party was filled with puerile drug soaked doofusses that is...
“Stealing is our biggest problem at the moment,” said Nan Terrie, 18, a kitchen and legal-team volunteer from Fort Lauderdale.
“I had my Mac stolen — that was like $5,500. Every night, something else is gone. Last night, our entire [kitchen] budget for the day was stolen, so the first thing I had to do was . . . get the message out to our supporters that we needed food!”
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