Let’s no fool ourselves that the candidates actually come up with these “fixes”. They are both surrounded with engineers of this mess. Heck, we have one of the main criminals with dictatorial power over the US Treasury, Paulson. Contrary to MSM myth, I don’t find financial fraud acceptable.
Obviously the politicians are spokesman for banking interests and they write what ever makeshift policy benefits them. It’s not ideological it’s straight criminal and it’s in our face.
The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson’s transaction, the taxpayers were taken for a ride–a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public’s money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.
