Absolutely. When a root cause of the $700B bailout is mortgage defaults due to ARMs, politicians and quasi-government officials who received golden mortgage terms are going to be clobbered the same way people are screaming about CEO golden parachutes for failed corps.
Let's see, I doubt it. Dodd, Frank, and Obama need to account for these donations a quasi-gov't agency gave them. Also they need to explain why when they were told of these problems they did absolutely nothing...They need to pay big time for this and no one is going to hold them accountable except for maybe radio talk show host! I'm not trying to be pessimitic about, just a realist!
The American people ought to be absolutely livid over this, but I don't hear an outcry yet.
You know how many people I see in a day ripping their investments out of the market? Although, I've only been in the finacial arenea for 20 years, I've never seen so many people taking their investments and running!
I really don't mean to frighten anyone, but it's looking a little minacious the way people are moving their money.