Once upon a youthful time, it was a fun prank to use a paper generator to create a nonsensical paper with a fake name to have a teacher read it then start laughing. Copying and pasting a paper and turning it in, however, was forbidden even in an age of such vapidity. Unfortunately the same rules do not apply to the Bailout Czar, Neel "I don't work in the interest of Goldman Sachs, honestly" Kashkari. This story might be laughable if this individual were not doling out $700 billion dollars which will be borne by generations. It also makes you wonder what are the real qualifications for these big wigs to haul in the loot they do when they seem to be incapable of doing a competent job at anything other than playing golf and signing the layoff agreements. When you had a grad school dropout with only a history degree who also happened to be an alcoholic and a drug user running Bear Stearns and being number two at the OMB you know that something is wrong with the elite in this nation.
The worst part is not just just that the incompetent are in high positions, but that they are recycled from one prominent position to another. Without an infusion of new blood, the country stagnates and the incentive to work hard drops off since your effort does not matter since an unqualified MBA from Harvard, or a connected buffoon will get the top jobs.
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