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Lax loan underwriting standards coupled with the rise of credit risk transfer markets to increase risk protection and revenues contributed to the credit crunch, said Cox.

Add to this, the fact that the Gubbermint stepped in and helped rescue Bear Stearns, and that the Fed in a complete break with decades of monetary policy opened its Credit Window to non Federally Insured borrowers (ie: investment banks) and assumed the risk for them.

The result: We now have a situation where all these Investment Banks can take all the risks they want, lose all their client's money and investments, and STILL get bailed out by the US Gubbermint, while their fat-cat CEO's exercize millions of dollars of options in their "Golden Parachutes" and screw the U.S. Taxpayer.

Someone explain to me how that's good for Capitalism, the U.S. economy, and the U.S. Taxpayer.

In the meantime, our Gubbermint continues to crash the U.S. currency by lowering interest rates, allowing the dollar to fall against the Euro and Sterling, and creates hyper-inflation in the oil and commodities markets FURTHER damaging American families.

And don't get me going on this whole "biofuels" mess. Anyone with half a brain (which excludes the ENTIRE U.S. Government) knew that burning food for fuel was going to drive the cost of many items right off the dinner table. And in typical Gubbermint fashion, they're all too damn' stupid to see their mistake and un-do a bad law. No No, they'll pass ANOTHER stupid law to try and fix the problem, only to make it worse again!

The point being: Once again, Gubbermint is the problem, and not the solution.