Well, in my book you either do it right or you get eliminated. The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Wall Street, but that other malfunctioning corporation called the USA.
Seriously though, why do YOU think that its the American taxpayer's job to go out and rescue these companies that: 1. Dug themselves into this shit 2. Don't give a damn about you or I 3. Are composed of employees that AVERAGE $600k a year The system is broken. Companies that exist on wall street that continue to work and function in the ways they do WILL FAIL in the future because they are all predicated on the same principles that caused this situation to come to this impasse. Rabid overexpansion of America has created vacant office space. Poor ideas that were developed with no or little sense is why small businesses fail. People are unemployed because they are either not qualified to work or they don't know how to get the job. This isn't the America of the 1950s-80s. This version of america, is DISGUSTING IMO. The culture of America is broken, it has turned into a society in which people feel society "owes" them, and now this attitude is going all the way to the top. I have been disgusted with the United States of America for several years, not the idea of the United States itself or the country itself, but the way that the country has been going, the attitude of the people in this country and the culture in general. I could rant about this for pages and pages. This mess "will not go away" because we put a small bandage on this monumental problem. Companies NEED to fail. America needs to go into hurt. It is necessary to fail in order to succeed. America is so fucked up IMO it will take an "epic fail" in order to shake everyone up and get their ass to the grind. To further quote wall street: A country looks in the abyss, there's nothing staring back at it. At that moment, the country finds its character. And that is what keeps it out of the abyss.
There's too much wrong with your conclusions for me to take the time to correct it all. I'll just post a blanket response by saying that you are sadly mistaken.
so now we have come to the conclusion that it's the democrats fault that bush is a sad excuse of a president?
Here's an interesting proposal by Mort Zuckerman, founder of Boston Properties and US News & World Report http://www.nydailynews.com/opinions...the_right_way_to_save_the_economy.html?page=1 I'm not sure I buy it, and I don't like the idea of the Federal Government sitting on the BOD of banks. What's missing is an exit strategy for this path.
Have you seen the democrats' approval rating? At ~3x better, they make Bush look good. Sad, ain't it?
