(1/n) The bulls now remind me of Madoff investors who knew it was a Ponzi but still felt like geniuses for getting their 10% returns every year: "Fund only goes up, bro." They knew those gains required robbing others, but they didn't care; they felt superior, on the winning team.

(2/n) Today, the Federal Reserve and Treasury are looting America: printing trillions in "liquidity" to bail out Wall St. sociopaths, buying up their toxic derivatives and junk bonds, allowing 10x leverage with vast fraud in accounting and high-frequency trading (front-running).

(4/n) But when stocks "go up," you're not a genius. The moral hazard--fraud--at the top level spreads everywhere: Dave Portnoy pumping penny stocks like a criminal bucket shop hustler, Cramer or Adam Jones shilling for TSLA, or Wirecard blackmailing critics with government help.