Open Question
So now we see that it took a 700 pt drop in the dow for the simpletons who
flooded congress with their uninformed opinions to realize that they too had
something invested in the markets health, like their jobs, the cars the drive
and the television they watch. The "Wall Street vs Main Street" drivel is so
embarrassingly simplistic and unsophisticated that is is shameful that members
of the US Congress were too cowardly to substitute their judgment and vote for a
bill, while clearly flawed, that represented the best of two bad alternatives.
Main Street is every bit as guilty for this crisis, by overextending every
aspect of credit offered.
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Hey.
It looks like the titans of Wall Street, oops they're kind of gone now, didn't
understand this.
Ooh the Simpletons ... I can't say that anyone who in good faith and
understanding as limited as Congress and those Titans of Wall Street bothered to
write in to protest the passing of a Seven Hundred Billion bill that was pretty
unclear at that point - oh the namecalling Xavier got to indulge in, I'm sure -
well, they did what they believed was right.
Simplistic?
Unsophisticated?
Well.
Chuck Prince, Dick Fuld, Anthony Mozilla ... and on and on. These dirty people
were actually the simplistic and unsophisticated, disguising greed as
brilliance. Forgetting the principles of sound business is rather moronic, yes?
As the news was all about the failure of the bill, those same "simpletons" and
"unsophisticateds" wrote again of their support of the bill - not just here name
calling.
This was simply a nasty post.
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The Paulson bill started out at 3 pages, now it is 451 pages and includes a
provision demanding that insurance companies provide mental health coverage.
What mental health coverage has to do with the credit crisis is beyond me,
unless these fools in Congress figure that they intend to drive us insane with
their lunacy.
I agree that Main Street bears culpability here, it was they who defaulted on
those mortgages and overextended themselves. The enablers will whine that they
were tricked by unscrupulous lenders, but that is bull unless a gun was put to
somebody's head. Don't sign what you don't read nor understand.
These people in Congress are Grade A idiots, all of them, regardless of party.
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