I totally agree. Crooks at these levels have always existed, but it was under Clinton that it became "okey" to cheat and lie and steal right out in the open. Others kept it hidden, if possible, and therefore it was somewhat contained. Under Clinton, it spread to the entire population and exploded within the financial realm and behind government closed doors for both parties. There was, for the first time, a direct collusion, even if unspoken sometimes, between wallstreet, corporations, the fed, and the government. They passed laws, changed regulations, upped the ante on bribes, juggled the books, and committed outright fraud during the entire 1990's. Clinton's behavior and policies gave carte blanche to everyone at every level. Now America will pay for this behavior, and it will not be pretty. GE, MSFT, CSCO, YHOO, etc., etc., etc. will soon, IMO, be exposed for the fraud. When these "titans" fall, the mutual fund industry (all bazillion of them -- the numbers are ridiculous) will moan, and the share holders will cry in despair. Get your money now.
I remain,
SOROS |
