I posted this article because I wanted to hear smart responses backed by informative sources and unclouded as much as possible by preconceptions. I'm sad that t

I posted this article because I wanted to hear smart responses backed by informative sources and unclouded as much as possible by preconceptions. I'm sad that this is none of those, including the article that you linked to, pragmatic, written by Munger, part of the group known for its predatory practices and idolized as the ideal of modern market manipulation. Please please please try to respond based on reality, not the narrative of a reactionary dogma (your response) or the narrative of entrenched forces tied to the success of the current political, financial and regulatory systems (Munger's editorial). That said, it's quite interesting that you'd both tout an article by Munger while decrying wealth transfer to Wall St. Which part of Munger == Wall St is not completely clear to even the casual observer. I would also like to point out that it's quite hard to deny that public works projects of the past 80 years, yes 80, as in four generations, is a big part of the success that is modern America. Sure you have to repair and upkeep roads and bridges...but in the meantime those make you...guess what...successful! Anyone got some comments that aren't clouded by populist narratives? I want to know more about the topics of this article, what are the truths and exaggerations in it? I'm not equipped with the knowledge (yet) to parse this stuff fully.