Full circle

"Adam Smith, that great market disciplinarian, is punishing excesses and remaking American finance long before Congress can get into the act." -The End of Wall Street, Wall Street Journal, September 23, 2008.
Amen.
The times in which my father was born might be just around the corner. Who would've known, in 1934 when Bob Lozano took his first breaths in Palo Alto, that his daughters would spend their 30s in the wake of an epic failure of leadership, ethics, valuation, and foresight thanks to America's financial institutions.
No matter what it may mean for my net worth in the near term, I think that this country needs a good 'ol American recession like an insolent child needs a spanking from his too-often indulgent parents.
Wake up, people. Rethink what it means for something to have value. Then you'll be on the right track.
How many legs does your stock have? My daddy's has got 4.