This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap
People go back and forth on this: government is too big, government is too small. Well, if there is one thing that most people on Wall Street have in common, it is that almost none of them have worked in government. I have. I have an opinion on the size of government, for sure, but at least mine is an educated one.
So let me tell you a couple of government stories, leaving aside all the ones from the Coast Guard Academy (or maybe we will get to those later). So I graduate from the Academy, and I go to a ship. A white one. White ones do law enforcement. I was stationed in the Pacific Northwest. There are a lot of fish in the Pacific Northwest. At least, there used to be a lot of fish. Maybe we will get to that, too.
So I report aboard the cutter, and the first thing they do is make me Weapons Officer. I have a gunner's mate working for me. Before long, he is scooped up by CGIS (yes, like NCIS) for being a bigamist. Well, it is not as bad as it sounds. He got drunk and got married, a second time, in a blackout.