Consumer Issues: September 2008 Archives

There is much debate and discussion about what is at stake regarding our economy and this bailout of wealth institutions who have gorged themselves on the profits of bad loans, collateral, and absence of prudence in managing that wealth of others. But, no one is telling the truth about what is at stake, or why these politicians are working feverishly with little sleep night and day. What is at stake is what no one in Washington D.C. wants uttered in a public forum. But history is not so silent about what is keeping them all up at night.

There is nothing as depressing as to be right about calamity foreseen and have such warnings go unheeded. To see what is coming, take advantage, and walk away, allows one to feel intelligent, profit from the knowledge, and avoid looking back at the suffering of others who didn't see what is happening. This, of course, would be the corporate executives and Republicans in power who fought against regulation and oversight since 1994, and won.