They're rioting in Africa, the Borough of Manhattan and...

Perhaps Staten Island will fall to the Huns in due course. I must read Niall Ferguson's latest fairy tale about Western civilization to steel myself for the dark age to come. It is wonderful to see that the New york Press Corps are getting their asses kicked along with everyone else. This will help them gain some perspective that they may share with their editorial board colleagues...fat chance. Still, it is fun to read Michael Powell piece in today's Times "Gotham Reporters Meet the Fists of the Law."(NYT Nov.22) The Times is overflowing with turds of meaning such as the story on the hard times for young Wall Street types. I thought Tom Wolfe did the best job on I-bankers in his "I'm Charlotte Simmons." Kevin Roose tries to get us to sympathize with the plight of under employed or laid off I-bankers. Sorry Kevin. Read Kevin's touching tale in NYT, Nov.22 "A Blow to Pinstripe Aspirations." Roose does end this piece with an observation from a young woman , ex I-banker, who sees herself as having some sympathy for the masses she has recently joined. That should scare the crap out of Lloyd and Gary at Goldman. If serious, well trained people turn their energies to exposing the system that turned them out....well, you can understand why there would be gnashing of teeth on Wall Street. One Yves Smith is bad enough; imagine a dozen or more. I almost feel sorry for GS and its flacks. Still, they have a lot to be grateful for on this Thanksgiving: the cops are loyal for the moment and there is always the National Guard, the Army and private armies we created and armed for war in Iraq.