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We will have no economic recovery till Wall Street is re-regulated

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 02:55 AM
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We will have no economic recovery till Wall Street is re-regulated
It is as simple as that. The current crop of Wall Streeters are the worse kind of crooks this fine nation has ever produced. They are tying up capital and inventing new Ponzi Schemes as we speak. These people are sociopaths of the worst degree.

The TARP fund and the lack of oversight since than has done nothing but encourage these sociopaths to do more economic harm.

I worked in the Financial Service Industry for 5 years for one of the kinder and gentler firms. It was only kinder and gentler because their attorneys asked the question "Is what we are doing legal?" Ethics never came into the discussions. It was legality and profit. In other firms, the legality question isn't a question as much as does the fine we have to pay outweigh the profit we will get.

Bailing these fuckers out without any concessions was one of the worst mistakes we have ever made.

Oh and in case anyone thinks our President will move without significant pushing from the people

http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638

Why would Goldman Sachs, JPMORGAN, Morgan Stanley and CitiGroup employees want a share of the Obama Administration? Not to mention Sydney Austin an International Business Law Firm. Microsoft and Google are there too as top donors.

WAKE UP!
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