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Politics : President Barack Obama
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To: ChinuSFO who wrote (103316)10/21/2011 12:55:20 PM
From: RetiredNow  Read Replies (2) of 149317
 
We were able to wind down many corrupt and insolvent S&L's during the S&L crisis of the 80's. The model worked and many people went to jail. We should have done the same thing here.

Instead, we've told the criminals that it's ok to continue to steal from the American public. In fact, not only did we give the go ahead, we told them that if they ever lose money we'll make them whole.

This is financial rape. In no way does this benefit the 99% of Americans. If you all are so worried about the 99%, then why didn't any of the trillions that went to banks go instead towards shoring up Social Security or Medicare, which are currently in the process of bankrupting this country?

Here's what I don't understand. How can you guys continue to support the people who have done this to us? It doesn't make any sense.
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