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Old 02-23-2009   #29 (permalink)
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charles brough
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Re: Economic Crisis; Solutions

Quote:
Originally Posted by LaurieAG View Post
The only really responsible thing to do is to Audit the global financial system and put the stake through the heart of any financial instruments/ploys that only work when the market is going up. This is the big decision our politicians avoid like the plague because they are in denial that they caused the problem in the first place.
Everyone blames the politicians but it is the fickle populace that elects them and the corrupt big business that pays them off. Actually, our government is our only protection from rapacious corporations bent not on serving anyone but their officers and stockholders. You you are right, the government has failed to do that and has taken to high living like the CEOs. That raises two issues: 1. why has everyone become so greedy? and 2. What if anything can be done about it?

charles
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