OK, see what you mean now. You're not saying that jailing anybody will solve the real problems.
Nevertheless, you want the banks to fail, the businesses like GM and Chrysler to crash, and the US to walk away from its derivative obligations.
I don't know anybody "on the street" who knows what the truth is, BUT...
...[1] Bush was convinced that there was no choice - the derivatives had to be paid off.
...[2] Then Obama came in. If there was anyone who was not interested in paying more than necessary, it was him. But ultimately HE was convinced too.
...[3] When Lehman went BK, it rocked the global economy, and the Dow dropped like a rock. Shock waves lasted for months.
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If you're convinced that the US can just walk away from whatever is happening, fine. I admire your conviction.
When two administrations are afraid to do what you advocate, I think there's something we don't know. They're not telling us, but obviously it's enough to make them fear the consequences.
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Can't say you're wrong: I don't know that. Maybe you're right.
However, you're obviously certain that you know more than they do.
Sorry, but I'm not. I'm sure you're sincere about your readiness to suffer the consequences if the US economy crashes; I'm not so sure you have the majority with you: not those who would be left with nothing. Or the politicians, left without their support. Most think differently than you.
And I can't see any reason why Obama would "buy in" to the danger unless he too was convinced it was real.
Regards,
Jim |
