Quote:
Originally Posted by Locke
I'm pretty well in there as well.
To me it breaks down like this; either they knew exactly what they were doing and a very small (relatively) group of people decided that they could get wealthy beyond their wildest dreams at the expense of a great number of people and at the same time do some very extensive damage not just to the American economy, but the very fabric of the American society. And they were cool with that.
Or; the raging incompetence in our society means we're all screwed anyways.
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Probably both.
What percentage of the population understands what happened? 10? 20? If that.
People have no idea what happened, which is why it happened.
Everyone talks about Canada's banking regulation, and how it kept the economy from going under, or our banks from having to be bailed out. If that is true, which evidently it was, why the hell isn't the US doing something about it? The regulation passed by the Obama Administration is weak and does nothing to prevent another crisis.