Computers that create no value for mankind now make more in a second than you to all year.
Exactly. And notice how this functions right here on Slashdot, for example: everyone believes it.
Suddenly 400 million dollars disappearing in nanoseconds due to an error in which no one is actually accountable is somehow considered to be a reasonable possibility.
Ideologues of free market psychopathy and their fundamentalist counterparts are so busy wasting their breath on each other that nobody thinks twice about the fact that this is not a reasonable explanation. If everyone were cooperating on common goals instead of debating the philosophy of social Darwinism and the defects of human nature then perhaps we wouldn't be so quick to accept such ludicrous bullshit as a way of life. In other words, its acceptable to lose 42 billion in 16 days as long as nobody on the good team or the bad team gets it. But maybe we're so distracted with our petty ideological feuds and winning and the other side losing that we are willing to accept a total loss, all of the time. How very convenient this is for anyone who is clandestinely manipulating the situation in order to benefit indirectly in a way that cannot be detected by the Hatfields and the McCoys.
It seems to me that we have created a perverse incentive for exactly that situation, and its unlikely the SEC or anyone else willing to point fingers at old enemies is open minded enough to detect. We need to all pull our heads out of our collective asses, irregardless of our delusional sense of correctness, and simply focus on cooperating to solve problems that impact us all.
Easier said than done, so I realize that I need to take my own advice, and I apologize for that.