Or, a Few Relevant Questions to Ask about Yet Another National Financial Fiasco
Shouldn't some portion of the massive bailout taxpayers are handing the incompetent company officials who recklessly got us in this mortgage mess be used instead to hire more regulators to insure we don't keeping throwing Treasury money away like this every few years? Shouldn't a few of those who cost us maybe trillions be fired or jailed or at least demoted for their incompetency and greed which has jeopardized our entire economy. At what point should greed start amounting to being a traitor or a threat to national security? Why have they allowed our future to be mortgaged to the hilt to foreign countries who wish us ill? Why are we extracting all our scare resources and tapping all our limited capital today just for short term gains without saving anything for the future?
Why is it that none of those in charge can seem to think beyond the next fiscal quarter or the next election cycle? Shouldn't we finally stop listening to some of the mindless Pollyannas in the media who kept saying nothing was wrong, was wrong, was wrong? Why have we forgotten so soon the 1980s disaster these same nincompoops got us into with the now defunct savings and loan industry? Doesn't it strike anyone as interesting how often someone named Bush seems to be playing a prominent role in these debacles? Why did the Republicans when in control dismantle all the useful regulations and inspections of the finance industry? What made any sane person think controls weren't needed or that the ones profiting wouldn't help themselves to extra given the chance? Were did such arrogance and assumption of "entitlement" come from?
The Democratic Party office holders have nothing to be proud of for their rolling over whenever Republicans sneer on the subject, but is there anyone left who still believes that the Republican party deserves a reputation for knowing anything about financial security or conservatism other than how to line their own pockets at the expense of everyone else? Surely that myth has been dispelled forever by now. Surely those who voted Republican any time in this century ought to feel embarrassed. Why then doesn't this seem to make a difference to the voters? What is it about our education system that seems to prevent them from analyzing this for themselves?
It would be nice if we got a few trustworthy answers on these questions, although the corporate media we need to look into the questions seems as hell bent as lemmings to follow the corporate financial leaders right off the cliff. What is it about investigative journalists that they can’t seem to the one job we really need them for?