Tuesday, December 16, 2008

Who needs regulation

Isn't it amazing that the very capitalism that gave us such a high level of propsperity and living standards has also brought the U.S. so very close to a depression, has also given us irresponsible CEO's who have enriched themselves but led their companies into bankruptcy requiring tax payer bailouts.

Thank you congressmen and senators who extended your time in office by accepting contributions from the lobbyists who lobied for less regulation and more business opportunities regardless of the risk.

Thank you Office of Thrift Supervision for allowing the sub-prime mortgages to cause such economic damage world-wide.

Thank you SEC for allowing short sellers to drive companies into collapse and allowing Madof to swindle so many banks, investors, charities and businesses.

Congratulations President Bush for appointing incompetents to manage government agencies so that the country spiraled down into a complete mess.

Thank you voters for Bush who put this idiot in office and the Supreme Court which permitted the voting fraud.

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