LockeyB, but bottom line, while Goldman messed over peoples 401K's and so forth, the banking industry, investment houses, and insurance were allowed to combine in 1999 once Glass-Stegal Act was repealed, and none of that damage to the markets, including housing, could not have happened if the financial instruments that created the securities which were ultimately derived by those companies being allowed to combine their seperate businesses. Short of it, yes, we as Americans by everything on credit, but literally, you are encouraged to do so, because #1 it creates jobs (so they used to say as now most jobs are shipped overseas), #2 we scream that we are epitome of capitalism and it's all about buy, buy, buy, ... I'm free to make money, and so on. When the truth is you've traded serfdom to slavery to a debt, while, we think of these Banks as "corporations" that just uh ... exist, they are the tools of the very rich and very influential to maintain their wealth and siphon you from your money. And Banks are #1, he who controls the money controls the world, And you can say you can function without credit, have you ever tried to rent a car, without a credit card? Have you ever tried to start a business without credit. One way or the other this system is designed to somehow get you. The short of it, is there is alot of blame to go around, but if you haven't realized by now Banks rule the world, and are the epitome of evil ... there is no hope. That bailout, bailed out , rich investors, it didn't save Goldman, or Bank of America, or ... this name, this "Corporate I" ... it ensured very rich and powerful people maintained their fortunes, after they had made a ton of money doing their damndest. You can believe the "common" man has that much pull to drag down our economy, unless he stopped spending.
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