Boy I hope the Obama stimulus package fixes something in the ecomomy...

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On the heels of CEO's getting bonuses as their companies failed...
On the wake of Madoff's "undiscovered until it was too late" Ponzi scheme that ripped off so very many.
I hope he understands what a corrupt capitalist weasel he is sitting in his penthouse with help, food and drink and a ankle bracelet but I doubt he gets it. None of them really seem to.

John Thain resigned under pressure from Bank of America after reports he rushed out billions of dollars in bonuses to Merrill Lynch employees in his final days as CEO there, while the brokerage was suffering huge losses and just before Bank of America took it over. CNBC said Thursday that Thain spent $1.22 million redesigning his office. Bank of America later received an additional $20 billion from the government, in part to offset the unexpected Merrill losses.
How does this shit outrageous disregard for the hard working taxpayers of this country happen? Over and over again. We need to rethink the consequences for so called "white collar" crimes, these aren't victimless crimes.

Lehman Brothers Chief Executive Richard Fuld sold his $13.3 million mansion to his wife for just $100 last November, according to Florida real estate records. He left after the Chapter 11 of Lehman. Yea, white collar crime. The rest of us just lose everything, out on the street. They protect it. Great.

Now there's the guy from Agape World in Hauppauge that newsday says is suspected in a scheme that cost investors some $370 million...

Why would we trust any investor, any bank, any CEO, any politician at this point?
It's so very hard to put this all together while so many Americans are hurting, and congress fights over a stimulus package that might or might not fix the mess we're in. I surely hope it does. But so far the bail outs have been steeped in excess and because of the lack of oversight money was given out and frittered away.

I hope the stimulus package works, I hope Obama succeeds in turning this country around or at least getting us on the right road. I don't think that the goal should be to go back to the way it was before. NO way.
I'm not sure where we should go exactly but we need to really take charge of our future.

Remember the saying "If you're not outraged you're not paying attention" Guess our attention is upon the system now!
And the system stinks to high heaven and probably always has.

You know all those people that think the government shouldn't control capitalism in any way...
Those that scream "liberal" "socialism" and spread fear of anything that they perceive of as un American because the market and capitalism should be unbridled with no government involvement whatsoever. The ones that believe capitalsim will always prevail: for it has in the past, well, sort of anyway. It will simply self adjust. Well, welcome to the readjustment.
People that believe businesses can regulate themselves. Sure and I've got swampland in Florida you should buy unseen.

Honesty is not a valued enough commodity these days. Ethical behavior is lacking and the anything goes mentality must stop.
Money is valued more than people it seems these days. It's a very sad situation we are in.

I wish you well President Barack Obama. I want you to succeed. I want all of us to succeed which is hard when we are bleeding jobs, 40,000 jobs lost on Monday.

On that happy note: Welcome Timothy Geitner to the position of Obama's Treasury Secretary and um, good luck.

G'night,

Laura
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