[freedomfiter2]

I agree with you but the same principle should apply to wall street welfare crowd.

[grania]

the same principle should apply to the wall street welfare crowd

Absolutely. One of the outrages is execs at failed banks and corporations that the fed bailed out were paid not just exhorbitant salaries, but bonuses too.

[familyop]

"I agree with you but the same principle should apply to wall street welfare crowd."

Yes. The Federal Reserve has been buying stocks (reportedly without controlling influence in companies' decisions) and bonds for a long time. And yes, there were the bailouts, ongoing regulations against productive domestic competition and many other connections between private investors and government.

Now, lobbies are more intense in their political efforts as evidenced in hysterical speech, increasing scandal, crime rates and generally, the fights over the pile of debt. An economy can't run on piles of debt for foreign products and overproduction of U.S. dollars for long. So really, the medical racket and insurance debacle won't matter much longer for most of us.