“that we have the politicians that the voters deserve, or the ones that the CEOs deserve.”
the correct answer is: both. we got what we deserved and we deserved corporate government… bush. twice. we lose.
re voter opinions & “bailout”: agree.
homeowners, even the net borrowers will not benefit. if they get a federal grant to keep their home, they’ll pass that right along to the bank. meanwhile, they’ll be paying for their bailout along with everyone else with taxes or devalued dollars. and there’s no way they’ll get enough in grants to pay for their overpriced home if they don’t have the income. and if prices continue to slide (guaranteed, barring massive (wealthy) population influx), they’ll still be paying more than their neighbor who moves in 2 years from now.
