There are a lot of rigged systems and scams out there. From Charles Hugh Smith at oftwominds.com:
Everything’s fixed except what’s no longer profitable to plunder. Underfunded, ignored, mismanaged by incompetents, it breaks.
Everything’s fixed–except what’s broken. Hmm. Maybe we need to read that again.
Everything’s fixed means it’s been “fixed” like a game or match has been fixed–rigged to benefit insiders while the unwary onlookers and punters have been led to believe that it’s “fair and open.” That con job is the critical cover to cloak the fix/rigging.
If a market or regulatory system can’t be rigged to benefit insiders, then it’s broken because if it isn’t profitable for insiders, it’s neglected until it breaks.
It’s rather ironic, isn’t it? If you want a system to semi-function as advertised, it has be rigged to benefit insiders, as only then do insiders and major players devote enough attention and resources to keep it stumbling along, much as an organism is kept alive so parasites can continue feasting on it.
These zombie-systems rigged to benefit insiders only serve the public in a cursory, minimal-effort fashion. These systems excel at recruiting naive idealists who actually believe in the purported purpose of the organization: public service, education, quality products and services, etc.
These idealists soon lose their naivete as the learn that all that “serve the public” rah-rah is a PR facade to cover the expert pillage by insiders.
