What Are You Currently Reading? 2012

[ganulv]

No, thanks for the link. Did you?

but I have no exposure whatsoever to that world so I have no idea whether the ethnography rings true. I find the author dorkily loveable so I want to give her the benefit of the doubt.

[jcustis]

I just finished the complete 166-pages of documents released by Republicans of the House Oversight Committee, and listened ton the four hours of hearing proceedings. Only about a third of the C-SPAN material is worth anything in terms of real testimony, as the remainder is just the standard grandstanding and political posturing.

Reporters continue to prove that the can be dumb and lazy without a great degree of effort.

[carl]

Ganulv:

What Prof. Ho says in the video jibes with many of the things I read (I'm not in that world either), especially the part about dismantling rules that had been in effect. There have been a number of those established long ago from hard experience, the Depression, that have been done away with. If there is a discrete elite on Wall Street it stands to reason that it will have a distinct culture and that help drive their behavior. And if that culture is at odds with the rest of the country and at odds with what the rest of us figure is good behavior, trouble is in the offing.

What she says also jibes with Charles Murray's thesis in Coming Apart, that there is an elite developing in the country that basically runs the place, but that this elite has nothing much in common with the rest of us.

JCustis:

Hearings on what?

[jcustis]

Crap, it was the Benghazi attack hearing.

Sorry about that. Good luck finding balanced reporting about it.