As this is the season for good will after wishing everyone in sight a Merry Christmas and a joyous Happy New Year – and meaning it – I started to read the Wall Street Journal web site as to breaking news and noted an article that related to a company/fund that invested in underwater mortgages.  The company made billions relying upon the basic honesty of the “great unwashed.”   The writer seemed surprised at the result.

Even though no one can suggest that I just fell off the turnip truck, I was not.    There is a basic honesty that is and has been always part of the American culture.   Indeed, our Political and media institutions are working very hard to counter even the impression of integrity, but, examples abound.

This guardianship criminal enterprise is an anomaly even though…