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POPSFinancial foolishness... The US economy is far to beholden to financial markets and Wall street. The problems started with deregulation under Reagan, and culminated with deregulation under Clinton (the Gramm-Leach-Biley act of 1999) -- allowing inv banks, ins. co's and comm banks to create 'whatever' new investment vehicles they wanted... all outside ANY government regulation. We saw what happened: they gave mortgages to people who couldn't afford them, know that they could slice-n-dice 'em and sell them off before they went sour. Now we, the taxpayer, are paying to keep these same institutions afloat. I only hope for some sensible regulation.
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POPSFinancial joke... I guess just because you make 10's of millions in salary -- well, you really shouldn't be expected to actually KNOW about the financial health of your company? That's run-away capitalism for you: get all the bene's without the responsibility...
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POPSBailing... I honestly do not know if this is a good plan. My inclination is to "reap what you sew" -- and we've had more than 15 years of republican (endorsed by dems) deregulation polices that have bred this crisis...
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POPSPolicy is hard... Ideology can't govern... only intelligence and hard work: something this administration is sorely lacking.
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