I believe there must be and independent council and and thshould start at the very top and go lower till they've everyone involve. This is not merely likely to hurt the united states economy but this really is harming other Nations that committed to these unsuccessful insurance and banks. This 700 Billion bail out is simply the tip from the ICEBERG. Personally i think this can result in a one world currency as recommended by China's finance minister.
Barney Frank and each congressperson that chosen for this ought to be chosen from office for mess!
addthis_url = 'http%3A%2F%2Fwww.100stips.com%2Ffinance-tips%2Fwho-do-you-think-should-be-the-first-person-to-go-jail-for-this-finance-debockle'
addthis_title = 'Who+do+you+think+should+be+the+first+person+to+go+jail+for+this+finance+debockle%3F'
addthis_pub = ''
{ 9 comments… read them below or add one }
Former Senator Phil Gramm
References :
PALIN
References :
Barney Frank, followed by Barak Obama. The 2 largest recipients of Fannie Mae payola.
References :
Let’s at least impeach every Senator and Rep in Congress and just start over from scratch.
References :
Bill Clinton- Barney Franks, Christopher Dodd, Jim Johnson, Franklin Raines. Oh by the way- Jim Johnson & Franklin Raines are working for Obama now.
References :
Barney Frank and every congressperson that voted for it should be voted out of office for incompetence!
References :
McCain/Palin (better than Barry)
I agree to the point that there should be some kind of investigation for fraud and corruption. The only thing these CEO’s are getting is a slap on the wrist and few million dollars less of their golden parachutes. As pointed out on 60 Minutes last night, $40,000 a year workers warned against the very problem multi-million dollar a year CEO’s caused, simply because they had no idea what they were doing.
And finally, it just seems fishy to me that several major financial groups collapsed all at once. This strikes me as being engineered rather than “Hey, we just don’t know what happened.” Why else would people who know this stuff say this bailout wasn’t needed. All the House had to do was tweak a few things in the finance laws and the problem would be corrected.
It would still take work, but not in this absurd way, and not this colossal waste of money and resources, and possibly my vote.
References :
Obama
Frank
Pelosi
Durban
Kieth Oberlameman (just because!)
References :
Bill Clinton. he and his cohorts in 1999 enacted legislation that removed all government regulations on the financial markets. the results are in.
References :