Musicians, actors, and sports heros earnings usually tail off dramatically if their performance slips. Is it 5 or 6 NFL coachs fired this year after bad seasons?
The big banks spend millions in contributions and lobbying to influence laws...like the new banking regulations. That is how America works. But American voters have a voice.
If you believe that "law and order" are a critical part of America's greatness, then you must have laws...maybe only basic laws...but you must have laws. Otherwise we are just barbarians where the strongest rule and dominate the weakest.
For all of my almost 70 years I have lived in a nation AFTER the great oil, steel and railroad monopolys were disbanded (anti-trust). For those 70 years it has actually seemed like a pretty good place to live.
Big banking seems headed toward the monopoly model. Have you checked out the amount of bonuses the big banks paid out with the bailout money? Incidently, I support the bailouts...just not for bonuses for poor performance.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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