God bless Greg Smith. He refused to drink Goldman's kool-aid any longer. It's a big deal for someone to resign their job based on principle and even bigger to do it from as big a name as GS and as public as he has. He has written so eloquently about what I have known was a cancer in American business and tried to say in this blog for a very long time. He says it much better than I ever did. I dare say he will be blackballed from any major American company from this moment on...
Oh, no doubt. And there again, dear reader(s), is what has moved me away from the conservative movement: At some point (speaking of "a cancer in American business"), someone decided that as proper conservatives we had to be beholden to the vultures that almost pushed this country over an economic cliff back in 2007-2008. The Tea Party sprang up and so did Occupy Wall Street... but the Tea Party, disingenuously, claimed not to understand why anyone would be pissed off at the good ol' boys (and girls) on Wall Street. Which all devolved into our current situation where the same conservo-clowns see Scott Walker as a "champion" when he does things like slash funds for mammogram screenings for uninsured women and steal from educators and government employees to pay off his campaign contributors. None of which, by the way, has a damned thing to do with real conservatism. Liking limited government is not the same as stealing from government to pay off your buddies (that used to be called "graft," didn't it?).
Serious food for thought here, and because of the example of businessmen like Greg Smith (and Lew Medlock!), God willing, more people in business will be inspired to rise up and join the good fight.
Posted by Alois on