We’re all connected. As others have pointed out, you can’t save Main Street and punish Wall Street anymore than you can be in a rowboat with someone you hate and think that the leak in the bottom of the boat at his end is not going to sink you, too. The world really is flat. We’re all connected. “Decoupling” is pure fantasy.
I totally understand the resentment against Wall Street titans bringing home $60 million bonuses. But when the credit system is imperiled, as it is now, you have to focus on saving the system, even if it means bailing out people who don’t deserve it. Otherwise, you’re saying: I’m going to hold my breath until that Wall Street fat cat turns blue. But he’s not going to turn blue; you are, or we all are. We have to get this right.
You're right Tom. We can't just hold our breath or ignore saving someone that doesn't deserve (or need) to be saved. But to take the deal that was offered, is just plain stupid. Paulson and Bernanke should ALSO go to prison for allowing the industry to try and sham the American People with this crappy deal. Fuck you.
