The public will clamor for punishment to fit the crime for those who used deception and illegal fraud to get us into this mess, and not just a token few, but many banks and bankers should swing, as should many financial ratings companies and their employees, and not to let slide, some insurance executives too. We are fed up will the rich making a mess for all of us and not paying for their mistakes and intentional deceipts !! The little guy with a mortgage is being sacrificed for foreign banks and foreign insurance companies , as if we American workers could afford to pay everyone around the world back for the mistakes and greed of those at the top here in the US! Where is the Senate investigation into how this happened, who is at fault, and how do we prevent this from happening again ??
Why have these terrible adjustable rate mortagages/ARMs not been outlawed yet ? Why has the US Federal Govt not taken over all mortgages ? Why have the weak companies and weak banks not been chopped on the block of bankruptcy when that is what is being done to US individuals over and over , more and more ?! We taxpayers have lost Billions to A.I.G. and yet we do not own all of it, as a columnist pointed out, we are subsidizing the past CEO major shareholder who does not deserve it !! Is Congress still beholden to bankers more than voters ??
Mr. President, the financial pain is still very unequal here in the United States,,,just like the recent financial gains were very unequal !! Your financial experts tell us that many more of us will have to loose our jobs ,,,and probably our homes and apartments,,,in the next year or two. What are 'they' loosing ? Do you really think we voted for you to continue pardoning and pandering to the wreckless in power ?
