With the creation of the
Consumer Financial
Protection Agency,
they'll finally have a
watchdog to oversee
financial products,
giving Americans
confidence that there is
a system in place that
works for them – not just
big banks on Wall Street.
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So many ideas about why
the global economy went
bust... so muchy blame to
go around, especially
with Goldman giving its
idiiots $700M bonuses....
here's another
longer-term take
Ceo compensation and
worker pay ratios, cost
of living for Social
Security, the Acorn
calamity, oil
prices versus the
economy, President Obama
and N.Y. Governor David
Paterson are some of the
fast paced events that
are occurring
daily. Yet
SEC ignored warnings back
to 1999, and Republicans
extol virtues of
"DEREGULATION" - First,
you must forget ENRON;
second you must ignore
Madoff; third, you must
submit to GOP regardless
of how ridiculous their
exhortations may be.