It's not just the housing bubble, either. It has become apparent that every asset, every investment category is now looked at as an opportunity for speculative profit. Without real economic growth, these asshats have turned to engineering profits by creating stampedes into asset classes that they manipulate.
On this count, I blame the President for wasting his first year on health care when financial reform was a far more pressing matter for the economy. On Sun, Jan 10, 2010 at 9:24 AM, Gruss G wrote: > > Americans must be told the full story of how Wall Street gamed and > inflated the housing bubble, made out like bandits, and then left > millions of households in ruin. Without that reckoning, there will be > no public clamor for serious reform of a financial system that was as > cunningly breached as airline security at the Amsterdam airport. And > without reform, another massive attack on our economic security is > guaranteed. > > http://www.nytimes.com/2010/01/10/opinion/10rich.htm > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:310147 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
