[quote=briansd1]I do agree with you. I accept reality and move on. But I still recognize the truth. We should not ignore the inequalities in our society. The least we could do it be conscious of them. We may not have power to do anything about it but we should be aware of what’s going on. [/quote]
To me the most important thing we can do is to keep speaking up. Only when people continue to speak up does the truth get passed on. If you remain silent, the truth gets buried by the Orwellian groupthink put forward by those taking advantage of the situation.
[quote=briansd1]Letting the banks collapse would collapse the economy also. So that was not an option. [/quote]
I keep hearing this, but I’m not at all convinced. We were told the same thing about GM and Crysler. But now they are both going through bankruptcy and the world isn’t coming to an end. I’m sure it would have been tough to put these large banks through bankruptcy, but it’s been tough, and continues to be expensive to keep them afloat with taxpayer dollars. The FDIC has taken over many banks and bankruptcy courts have processed many bankruptcies over the years.
Yes the scale would be larger, and the government might have needed to be proactive in trying to sort things out quickly, but I don’t see any evidence that it couldn’t have been done.
What I do see is a lot of Goldmanites and former Goldmanites and people that work for/with Goldmanites saying “Oh no it couldn’t be done. It would be the end of the world. If you don’t see that then you must be uninformed and stupid.” Sorry, I just don’t see that as a convincing argument. But who knows, maybe I am uninformed and stupid. Wouldn’t be the first time.