History is our teacher.  The Roman Empire lasted long enough and is well enough documented and studied to give us fair warning.  While there are other empires, such as the British, that suggest the same conclusions, the Roman Empire is the greatest study among these.   

  

The question: Is the handwriting on the wall of the coliseum indelible, or can we scrub it off and write a new lesson, a lesson of history and hope for our future generations?  

  

Andrew Lahde, manager of a small California hedge fund, Lahde Capital, burst into the spotlight last year after his one-year-old fund returned 866 percent betting against the subprime collapse.  

        

Last month, he did the unthinkable -- he shut things down, claiming dealing with his bank counterparties had become too risky. Today, Lahde passed along his "goodbye" letter, a rollicking missive on everything from greed to economic philosophy. Enjoy:

  

[…] 

  

Recently, on the front page of Section C of the Wall Street Journal, a hedge fund manager who was also closing up shop (a $300 million fund), was quoted as saying, "What I have learned about the hedge fund business is that I hate it." I could not agree more with that statement. I was in this game for the money. The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government. All of this behavior supporting the Aristocracy, only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America.  

   

[…]

  

Get the full story at http://www.cnbc.com/id/27239479

   

George W. Bush, the totally inadequate scion of the Bush dynasty, the poster playboy for the exhausted bloodlines that are accumulating in our “leadership”, is “The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale … truly not worthy of the education they received (or supposedly received) rose to the top  … our government.

     

But it is the truly ignorant Average American voter that goes along with this.   I fear for our Constitutional Republic, which is on the Appian Way toward oligarchic ownership as the peasants are placated with bread and circuses.    

  

Let us pray ferverently that the Average American voter will vote for our future and reject mindless kneejerk support once again of the failed policies that will be continued by the Palin-McBush ticket should they be enthroned in our White House.