Spare Me The Outrage….

…. about some women — and probably even kids — being harassed and, maybe, even raped by Weinstein.
Yes, it’s outrageous that there is evidence that a news story in 2004 was spiked to “protect” him. Yes, it’s outrageous (to the point of my refusal to believe it) that his wife didn’t know anything about. Yes, it’s outrageous that dozens of actors who had to know, at least at a level of rumor, did exactly nothing because they loved the career boost that he “gave” them.
Of course the biggest outrage of all is that he didn’t “give” anyone anything. He bought it.
But spare me the outrage because I’m not outraged any more. I merely look at articles like this:
While we can understand policymakers’ concerns, we at PIMCO – currently one of the largest non-government investors in GSE-issued mortgage-backed securities (MBS) – believe a draw on the Treasury by Fannie or Freddie would not be a market event, nor would it reduce our demand for these securities. Instead, we believe the policy focus should be on what agency MBS investors really care about: making the government guarantee explicit.

This post was published at Market-Ticker on 2017-10-11.