Perhaps we don't really think about the power of the media. after watching the wall street thugs testify to congress it is clear nothing has changed. They do not care about what has happened. The media (cnbc) defends these folks as the ones who will lead us out of the recession. They ask "why do we beat up on the people that will lead us out of the problems" The reason is accountability for greed and averous. The CEO's to a man told Congress how well they have done without a single apology for allowing the mess to happen in the 1st place.
Sander E Samuels, the chief legal officer of the former countrywide financial and the current head leagl dude at Bank of America is quoted as saying that he didn't care what happened, they were "going to make these loans until the last second they are legal". Yahoo reports this quote and it would be good for you to read the article "How Banks are worsening the Foreclosure Crisis" posted today 2/13/2009. It also states in the article That Senator Chriss Dodd, Chairman of the Banking committee took 5.9 million in contributions from the financial services industry in 2007-2008. Can you say conflict?
Sorry Prez. you MAY be the next Lincoln (a big MAY) but the establishment in Washington and the greed of the politicians who are in bed with Wall street and the big regional banks are gonna manipulate the system so they get what they want no matter what. The sad part is that these CEOs actually believe they are the gods of finance and better than the rest of us.
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