Larry Doyle is a financial advisor who has been watching the banks and their misfeasance for years. In this post he approached the same problem I have been discussing – the lunatic behavior of government, media and the law – from a different angle.
He found statistical means to quanitfy the lack of trust Americans have in banks, government and the media. Add the law and you have a results oriented picture of the same problem. In other words, millions of people see the misfeasance, which I am calling lunacy, and they have lost trust in the institutions.
As he points out, losing trust in basic institutions does not bode well.