Exploiting Loopholes

If people figure out a new way to extract large amounts of money from an economy without effort and without providing some good or service in return, this is not cause for celebration. They have not discovered the source of the infinite free lunch. If the powers that be don’t slap them down quickly, they will, like vampire bats, destroy the economy that sustains them. The problem is, the people most likely to do this are so wealthy they can bribe or threaten the politicians or regulators to let them get away with it. This is how the USA and EU got in such a financial pickle.

~ Roedy (1948-02-04 age:69)