Libor is the London Interbank Offered Rate which determines the cost of trillions of dollars of loans banks make to each other every day. It may concern you and me in ways we do not understand.
Zoloft is a drug which many anxious people use as they contemplate the ravages of time upon their minds and bodies and the results, or lack of them, they have achieved during the time period under consideration.
The good news is that neither really matters.
To be more explicit, recent revelations about rigging of the Libor rate reveal business corruption almost everywhere on an unprecedented scale. If you are a crook, Libor is the Triple Crown, the Academy Award, and the Mega Lotto prize combined. Be prepared to hear a great deal about the Libor scandal unless, of course, it all gets swept under the rug as too big to prosecute. In either case, keep your Zoloft handy because it is immensely depressing.
Think for a moment about opportunities almost everyone in business has observed to go bad, about deals proposed that were shady or choices made for fast but improper profit, or accommodation. (Just look the other way, Joe.) They abound in many, even most business and professional careers of every type. Individual people failing to do what they know is right and instead doing something they know is wrong; that's what's sick in America and the entire world today.That's what is eating away at the pillars of our society in America. Do we not realize that when someone proffers such opportunities to us it is actually a personal insult, not a useful collaboration possibility? Men quickly recognize a bar solicitation, but they sometimes miss the full implications of other more subtle choices that wouldn't withstand examination in broad daylight. But wait, here's the good news
Our travails today are just a wrinkle in the fabric of time, a down tick, if you will, in a chart that shows a powerful, even inexorable, upward trend. We have recognized in Democracy a form of government that gives people control of their destinies and what a fight it has been to vanquish kings and empires, etc. to arrive where we now are. Our present government in the United States has been called dysfunctional, but everyone knows how to fix it and it will be done!
Similarly, capitalism has soundly defeated communism and today offers its benefits to millions more yearning to be free and prosperous. Is it perfect? No way, but once again, everyone knows what has to be done to clean it up and make it better and that too will be done!
Lastly, the really Good News! We have in Christianity the religion built on love and redemption that makes people literally new and gives us hope for the life everlasting. Our God will raise up for us new leaders, more skilled and more dedicated than in the past and they will shun Wall Street and persevere in the trenches where the big decisions about right and wrong are made 24/7. Let it be so!
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