Some great fun on Wall Street this morning. Lehman has filed bankruptcy, Merrill would have except for a quick sale of itself to Bank of America. And, AIG is begging for cash and may in the end follow along after Lehman or Merrill.
So, I'm just wondering here, after decades of corporations before citizens politics. Particularly the last eight. After more give aways than can be counted to companies large and small, for any reason whatsoever. How is it that that we are watching a collapse in the financial markets? Certainly it couldn't be that it was all bullshit, sold as golden apples? Perhaps now would be a good time to ask Mr. McCain's financial guru? Or, better yet. Let's ask Mr. McCain, that giant among men who feels he is the best the country has to offer in good judgement. Hmmm...Graham, Palin...kind of a losing proposition looks like to me.
This is likely not the end of all the mess we are watching. It is entirely likely that what we are seeing is the beginning of the downsizing of Wall Street. And, by extension, the downsizing of the United States. Unless, and until, we get our fiscal house in order, this country is going to be the model for the rest of the world in what not to do to govern a country.
No comments:
Post a Comment