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.
I would say you are doing a fine job of being pessimistic. The average taxpayer is still trying to grasp the financial situation. One thing easily understood is that some folks made out like bandits, while the rest of us are supposed to prop up the mess they left behind. It didn't take 48 hours for the economic debacle to occur, and exposing the bandits won't occur overnight. Patience is a virtue.
I really don't mean to frighten anyone, but it's looking a little minacious the way people are moving their money.
Just wait until they start pulling their money out of savings.