Sunday, April 29, 2012

Gloom Of Our Doom: Money, Power, And Wall Street

I just watched Part One of a PBS Frontline show on the financial crisis in America, and how it came to be.

I thought I was fully aware, yet I was amazed at the level of greed and incompetence of the financial community, willing to take us to the brink of another 1929 type of disaster. Alan Greenspan and his supporters are true idiots to have believed and behaved as though the bankers, and their markets, would regulate themselves. When bankers are allowed to prey upon the ignorant masses, without scrutiny or fear of reprisal from the authorities, our great society is destined for the scrap-heap - an so we are.

Sadly, no one has or will go to jail for the biggest heist in history. The taxpayers are left with the bill, while Long Island is up to its neck in estates, and the country has more million and billionaires than ever. Decline is our fate, regardless of the color of your state, party, or skin.

Go to "MONEY, POWER, AND WALL STREET", at PBS Frontline (here) - if you dare!

James C. Collier

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3 comments:

  1. Andrew clark5:12 AM

    This is my first time to visit this post and simply satisfied through this post view. Thanks mate. :)

    ReplyDelete
  2. Anonymous6:42 AM

    This is the historical pattern of a failing society, America has been decline since 1980, with a shrinking middle class, growing under classes and super rich owning everything the country will eventually collapse in on itself.

    ReplyDelete
  3. Barbara Ann Jackson9:16 PM

    Because POVERTY is such a serious national problem, hopefully this will help:

    “Open Statement and Appeal to Tavis Smiley Cornel West”
    http://open.salon.com/blog/wwwlawgraceorg/2012/08/24/open_statement_and_appeal_to_tavis_smiley_cornel_west

    ReplyDelete