In the early 1970s the Philadelphia 76ers had one of the worst NBA basketball teams imaginable. They won only nine games. The following year they acquired a new player who would transform their team.
His name was George McGinnis.
He was an early day LeBron James.
He was a big man who could dribble, shoot and score.
He was a real force.
When he came to the team one of the Philadelphia reporters asked him the following: George, how does a team get to be this bad?
McGinnis gave a profound answer.
At least I found his answer profound.
He said that some guys cut corners for so long they don’t know that they are cutting corners anymore.
The same argument applies to our elites.
When a basketball player slacks off physically and mentally in practice and during the game, he is cheating himself.
And he is cheating the fans.
He’s taking a huge salary for doing shoddy work.
Similarly when our elites slack off physically and mentally, they are cheating themselves, and they are cheating us.
Our elites have been cutting corners for so long they don’t know that they are cutting corners anymore.
Munger, Buffet, Dimon and the rest of the pack have been cheating Americans so long in the rigged financial sector they don’t know that they are cheating anymore.
They don’t make money because they built a better mouse trap; they make money because they’re friends with someone.
They went to schools that programmed them to believe that they are the ruling elite, that they are the cream of the crop.
Munger went to Harvard. Buffet went to Wharton.
Everybody knows that they are the elites.
And everybody knows that elites win.
Consequently the elites have gamed the system to fulfill the prophecy that was set out for them.
They are winning because they are supposed to win.
They must win.
When other people win, that win must be negated, especially if those winners are untouchables.
Untouchables must lose.
Robinhood investors must lose. Bitcoin investors must lose.
Elites must win.
And that in a nutshell is what is going on in America.
We have long asked the question: Are our elites dumb or devious?
They aren’t dumb.
They are deviously corrupt. Not only are they corrupt, they don’t even know that they are corrupt.
They are just like the Philadelphia 76ers of 1972 who chose to cut corners rather than practice and play honestly.
The calamity that our elites have produced is similar to the basketball calamity that the Philadelphia 76ers produced in 1972.
The America that our elites have produced is a basketball team that has only won nine games.
But they don’t care. They don’t care because they have the money and the bucks.
If things aren’t working, that’s your fault not theirs.
A poor chief always blames his braves.
A poor chief never accepts responsibility.
A poor chief always cuts corners.
Sincerely,
Archer Crosley
Copyright 2021 Archer Crosley All Rights Reserved