OT: The market has outgrown the Sec in such a way that it makes them and obsolete entity and this is the problem. What is needed is and entity to supersede them. One that is disconnected with political ties like Cox, who plays to big business and Wall Street. GS, JP Morgan, and all the Power Brokers have more power than the DTC and the Sec combined. What occurs do to this is corruption in the highest of places and we see the end result.
If this weren't the case the 15% wouldn't have 85% of all the wealth in this country. Where the big money is, so also are the decisions made that run the markets. It breeds corruption and it extends from there to DC. and creates a sewer full of corrupted politicians, lobbyist and Washington bureaucrats, republican and democrats alike.
Its been there since the 20's and is with us today. We see the effects of it in everyday life. Today its all about money people fighting over the scraps or the other 15%, more than anything else. This is the reason why our government and our country is on a collision course that will have long lasting effects when the party is over. Who will be there then to pick up the pieces?
Our country has so many problems on so many levels and nobody is fixing them. Its like a cancer that has mis diagnosed and surfaces only when its to late.
Money won't help even the richest when this window opens. Turn on the TV and CNN daily and its like a warning signal telling us the seriousness of this (play), and the prop men keep following the directors orders till the final curtain comes down.
Society is setting the stage as we become more and more a Godless nation whose only desires are to obtain more things at any cost.
We can see what happens when the money and power struggles are going on for years in DC. We get caught with our pants down and the likes of Bin Laden was given the football. Not Saddam, he was nothing more than a fall guy.
What we don't have are the really brillant people who possess good common sense to run this country. The ones who could break this chain and get this nation moving in the direction to regain what will be lost forever.
The people are out there we listen to some, people like Lou Dobbs who I believe could be a President who serves 4 years and we want to give him another 4.....If we had another 600 people in Congress who care and love this nation and what if should represent we could get us moving on the right path following the Beacon light of right.
There are plenty people who are every bit as brilliant and 100% of American who care about our nation, but the problem is they aren't stepping up to the plate. It takes people who can take a position, who are willing to pursue this, and willing to give it their best, and sacrifice themselves for the good of this nation. I'm afraid its not gonna happen, and we will continue down the beaten path we have been on for the last almost 50 years.
Remember in the 20's what people we were doing before the walls caved in on everyone. Will history repeat itself? How will we get out of it next time around?.......should have
I should have pm'd this and if we get to far off the topic we have to.......Whether its NewC or our Govt that fails if nothing changes nothing changes.
For a Bailout, Press 'One', If you're a bank press 1, If a brokerage firm, press or say 2
For a Bailout, Press 'One', If you're a bank press 1, If a brokerage firm, press or say 2
