
I don’t know if there is a similar show out there today, I started to look out of curiosity but stopped when I realized that there are literally thousands of reality shows on the air around the world. But if it hasn’t been done, now might be the time to do it. With the economy tanking, it seems more and more people are turning to the dark side when it comes to establishing an income stream. Some cloak their thievery in white collars and some just rob in plain sight.
After reading about the many investment brokers and advisors that have either swindled or willfully turned a blind eye to problems, I have come to only one solution as to why this happened. They are stupid, let me repeat that, they are stupid. I had always thought that if someone is making multi-millions on Wall St. or Bay St. there must be a gem of a mind behind that accomplishment. Now, it turns out that just like the wizard behind the curtain, there is no gleanable intelligence going on behind those whitened smiles. Their rise to the top of the wage earners of the country was a matter of RPRTRP (right place, right time, right parent). The Madoff sons appear to be prime examples of this. Their defense seems to be, “Sorry, we were too stupid to realize that there was this massive fraud occurring before our very eyes by our own father”.
I am sure I could pull hundreds of names out of the hat, the Madoff kids aren’t the only guilty ones, and point out that most of them would rather plead stupidity over savvy when it comes to market machinations and getting arrested. Rather than thinking with an independent mind, they would rather put on the blinders and focus on the pot of gold at the end of the bank vault. They seem to believe or maybe it was beaten into their heads that free thinking is verboten to the worthiness of any investment.
Of course, the in plain sight thief isn’t much better. With the Darwin Awards (http://www.darwinawards.com ) which among other things highlight the serial stupidity of most criminals and the reality television shows like Cops, America’s Most Wanted and The First 48 (I always wanted to do a Canadian version of this show called The First 24, where cops try and solve a crime before they finish a case of beer) which show us endless reels of the dumbest, stupidest criminals ever assembled. On that evidence we can easily formulate their thinking. Without a doubt, they all think they can outsmart the cops. They seem to think that every police force or intelligence operation around the world is comprised of deputies like Barny Fife and Enos Strates. The bubble only seems to burst when the cuffs hit the wrists and they then realize that cops are not dumb. The moment you start to believe you can outsmart someone, is the moment when you start to fail. That lesson is universal, from the street to the boardroom and from your marriage to your career, but unfortunately no one seems to acknowledge it, let alone appreciate it.
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