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by palmotea 264 days ago
> Strong anti fraud rules (even for massive banks) are a foundational part of a high functioning society.

Sometimes it seems we're missing most of the "foundational part[s] of a high functioning society" except the ones that serve elites (which then are so sacred *and must never be questioned).

Eventually people stop caring about the elite's protections, even if that breakdown is ultimately harmful. It's like the murder of that United Healthcare CEO. His company ground down the common man's benefits in a way that probably killed thousands (at least), but we're supposed to cry for him. Betray people long enough, and they're no longer interested in holding up their side of the bargain.

If they want a high functioning society, the elites need to work harder at holding up their end of the bargain.