Influential Prose

Kevin McLeod's Portfolio

Negotiated Limits

No matter what the limits are, there’s always someone trying to negotiate it.

This is one of the basic laws of managing a building full of teenage boys. This is why my boss is a hardass about limits. He knows – give an inch, take a mile, and away it goes. He’s the wall, the policy. And that’s a very useful role in an environment of constantly tested limits.

What we have now in the American financial sector is the equivalent of the cool kids having overrun the wall and now managing matters on their own. Glass-Stegal set limits. They were removed.

We’ve seen this twice now, through the Depression and the Great Recession. We can’t take another hit like that. It might be survivable, but it won’t be the same country when it’s over.

Bernie Sanders is the only candidate running now who isn’t subservient to the forces running rampant on Wall St. He understands that capitalism can work well, but requires close supervision. That’s what’s needed, sooner the better.

Time magazine recently featured Bernie on its cover, paired with a laudatory profile of the man, but it dismissed his chances of winning. Nice guy, can’t win, end of story.

Is there really a limit to Bernie’s appeal?

That is now being negotiated.

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Written by Influential Prose

September 21, 2015 at 9:05 pm

Posted in Uncategorized

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