Too Small Too Succeed Illustrated in Two Cases
June 15, 2010
Was it Norm Pattis who coined "too small to succeed"? Whomever it was, two articles I read today painfully illustrated that principle:
- In Astrue v. Ratliff, the Supreme Court upheld the Executive Branch's screwing a lawyer for the disabled out of $2,200.
- Meanwhile, the Mega Law Firms handling the Lehman Brothers bankruptcy bill out Second Year Associates - yes, 27-year-old lawyers! - at $500 an hour. And they get it. And no one is stopping them. Well, one czar told the lawyers and consultants that they cannot bill Lehman more than $500 a night for a hotel room. They can still bring a partner ($1,500 an hour) and two associates ($500 minimum an hour) to every deposition. Take that, Big Law!
If you're big time, the federal government - including the judiciary, which oversees legal fees in bankruptcy cases - will take care of you. Indeed, they will bail you out when you make bad bets. You are too big too fail. If you're a work-a-day citizen, the government won't even grant you a piker's wage.
The government has conspired with Wall Street to endebt every American, thus ensuring that the slaves continue working for the Machine. If it weren't for my student loans, I'd check out of society completely. I have no other debt, unfortunately, or I'd walk away from that. Why continue working to support a system that conspires to enslave me?
Currently there is no peaceful way for a person to revolt against the Wall Street-Federal Government complex. That will need to change - and change soon - unless the government wants the gazelles to realize that they outnumber the lions.