Tuesday, January 3, 2012

$1 million bill, y'all!

Walmart shopper tries to use $1 million bill - Boing Boing:

A gentleman from Lexington, North Carolina was arrested for trying to pay for his purchases at Walmart with a $1 million bill.
And who's gone to jail for packaging up garbage loans, hoodwinking (complicit?) credit agencies, and selling investors giant turd bombs they then proceeded to bet would blow up on their dupes?

And what does it say when a Wal-Mart cashier has more sense than the sophisticated investors that bought up those juicy mortgage backed securities and collateralized debt obligations then expected us to bail them out of their poor decisions?  Well, since we did bail them out, what does that say about us? 
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