Thursday, January 01, 2009

December 2008 and American Bankers before Congress say they "never asked for the (bailout)money",,,

but they are certainly to blame for the collapse of the American mortgage market, the American bond market,the American Stock Market so glorified under the Republicans, and probably all the International downturns and recessions or depressions. Not that they are going to take responsibility for any of it, the exotic poorly made CDS and ARMs,,,while they were making huge profits and awarding massive bonuses of $10 and $100 of millions of dollars. Guess the Republicans will let them slide,,,and continue the failed trickle-down economics of the past.

When the new party comes in i hope they spank the banks good, with free coin to dollar processing like the old days ,,,and alot more restrictions on their thievery in the credit card markets.