Monday, October 27, 2008

If an arsonist burns down your house, you wouldn’t hire him to rebuild it. It seems to me the Treasury Secretary (who was supposed to be overseeing the economy), and the big banks, along with Freddie, Fannie and investment banks burned down the economy, and our home values & savings in the process.

Why are the same people allowed the task of rebuilding the economy? Why weren’t they fired? Why would anyone take financial advice from them?

In some other cultures, those in charge might have resigned in disgrace. In ours, those in charge “parachute” out with millions in severance pay or, at minimum, they get to keep their ill-gotten gains, again in the tens of millions.

There is something wrong with this picture and I think the picture is framed in greed and fraud……………………… Give US A Break!

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