Greenspan (Mr. Buy ARMs), unfortunately, will be left alone. only the unconnected are held accountable in America, while the connected, criminal, greedy establishment icons all chant "the buck stops here" and then cash in their $100 million severance packages, and get busy spending the rest of their ill gotten loot. even sadder is that most just keep their positions and do more of the same.
is it just me or is there a sinister underlying purpose to all this carnage? many "ordinary" market observers (people without a shred of finance background) saw all this coming a mile away (and many years back at that), while the so called captains of finance, regulation and government just did nothing. u just can't believe those negative alarmists when the lizard class is sucking the life out of a once fine country. shout 'em down and carry on was the mantra.
the fiscally conservative republicans stink to high heaven on all this, i guess they are used to the smell. they are now offering up McCain and Palin as our saviours. fark why don't we just make Karl Rove president and get it over with. or maybe that Ken doll that Bush put in charge of the silent SEC.
i watched Roubini on Bloomberg last night, and he said that what is needed now is punishment. unfortunatley i believe he was talking about the markets not the perpetrators.
i had a strange urge to toss a massive shovel at my TV today when Paulson and then Bush appeared on the screen.
it seems that pure bullshit is now America's primary product.
maybe it's time to put the war on terror on the backburner, and start a war on bankers and their enablers. they have after all done far more to damage America.
if they don't suffer very harsh punishment then what good are rules of law? what example is set for their successors?
no doubt the spin on it all will be "we need to fix the current problems and not focus on the past". this is one instance where, imo, both are equally important. |
