Good For Them, Great For You

How do you know when you have a real pathetic leadership problem, one full of weak wusses, who want to bribe their way out of the ever-present clutches of big bankers and those ubiquitous, vindictive EU bureaucrats?

If you're a UK citizen who voted for Brexit you are now learning the hard way. The issue here is jobs. In this case, banking jobs in London's financial center. Under a scheme being considered, the Financial Times reports, "Britain would continue to pay billions of pounds in the EU budget after Brexit to maintain cherished single-market access for City of London and other sectors being discussed...."

What's supposedly at stake here is "passporting" rights--that is, one of the phony code terms globalists love to toss around to described their beloved free trade meme. It's free trade alright as long as we say it is. The EU is crumbling before the eyes of the globe. It was a bad idea, badly concocted by some very bad bureaucrats and anti-anxiety prescriptions sales are soaring.

As the Brussels' preference given to the big boys--France and Germany just in the case of banks for openers--proves, it was as layered as a wedding cake from the start. Corruption reigns today as it has for a long, long time. That will never get corrected--if ever--by wusses and stomach-less leaders. Nor will a docile populous solve anything. Leverage to masses comes around rarely.

One of the Times other stories today centers on "too big to fail banks," i.e., Wells Fargo, the San Francisco mortgage juggernaut caught creating phony customer accounts that cost 5,300 presumably miscreant junior employees their jobs. So far only two senior ones have paid any tariff and in their case they're off to a well-paid retirement and most likely in a few seasons lucrative consulting work or seats on boards of directors, all good paying gigs.

So how do you know there is corruption from the top down? Here's one way. The FT, quoting another source, "Since 2012, the top five executives at Wells have banked $450m in performance pay..." And the Times goes on: "Despite the recent disgorgements, only a fraction has been returned."

As we've said before, white collar criminals, if punished at all, go to the local spa. Only blue collars ones hear that clanging sound of steel doors and gates closing behind them. It all seems so corrupt, one wants to conjure the name Warren Buffett, a huge shareholder in the firm, and asked again: What did he know and when did he know it?

As we said: Leverage to the masses comes rarely. There's an old Zen point: People treat us exactly the way we want them to, meaning we allow them to. In sports a big meme is next man when something goes wrong. Corporations follow a similar code. Politicians and bureaucrats who fail to follow the will of the voters need to be held to the same code. Next person up. No loitering or lingering.

It's one of the lessons brought to us by the PC, Zero-tolerance crowd. If it's good for them. It should be great for you.