Quote:
Originally Posted by Rog
yes it fuckin is! the time has come for a great change in world economics.... if this, and other, 'bail-outs' occur in the form that has been put forward then the people with the money will not suffer, they will learn nothing except they can rip us all off at will and we will get more of the same.
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It was regulatory failure.
Eight years of lassez-faire (sp?) policy by a collusive presidency allowed this to happen.
The "people with money" will hurt a little but they will weather the storm. The people without will be the ones that suffer.