Obama to create a Financial Markets Chaplin cabinet post

I was listening to the pres-elect speak this am as he was introducing the new SEC person. I could not believe it when he started talking about reforming the morals of those on Wall Street. !@!##$%!!.

Now you will have to go to the DMV and get a morality test in order to get in to Goldman.

Up till now Mr. Obama seemed (to me) be saying a lot of smart things. Bill Gates would say that attempting to shape morality on the street is the dumbest thing he's ever heard. However, in this case, it is.

Your hopelessly naive correspondent,

Bill

ps - see my duck law post which discusses combating venality