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Paul Krugman: Looters in Loafers

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Sheila Samples
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Last October, I saw a cartoon by Mike Peters in which a teacher asks a student to create a sentence that uses the verb "sacks," as in looting and pillaging. The student replies, "Goldman Sachs." Much of the financial industry has become a racket -- a game in which a handful of people are lavishly paid to mislead and exploit consumers and investors. And if we don't lower the boom on these practices, the racket will just go on.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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