Sorry, I think that the enlisted military and the commissioned alike are mostly inadvertent “heroes”. Except for the few exceptional ones, they are mostly there for the job. And they are just as lazy as other public employees.
But back to the bailout plans and Bush. I think that Bush mostly wants bailouts without accountability for this buddies on Wall Street. I’m sorry but if the financial industry wants a bail-out, they are going to go have to give up some independence in terms of regulations. I would like a take-over by the government.
The repeal of Glass-Steagall is part of what led to this mess.
Did you guys know that most mortgage companies/brokers are excempt from regulations and can charge whatever they want?
Usury laws should be re-introduced and enforced. Banks should only be allowed to charge x% above an index. All mortgages should require 20% down. This will make us a more financially responsible, less prone to speculate, country.
It’s pretty clear to me that the Average Joe can’t be allowed to borrow willy nilly. And Wall Street can’t be allowed to make a fortune on the back of the ignorant masses then demand a bail-out.
