You posted an article that basically says everyone in America is a winer except for the rich. Well I do OK but I am not rich, so I take your post as an insult.
For you to say that you didn't intend this to turn political is B$ - though I'm sure you could not admit that to the board or to yourself. Look at your posts man - when others post opinions contrary to yours, you resort to personal attacks.
It is just a fact of civilized life that the rich in this country (as in pretty much any other) use their money to influence political system. A primary role of the govenment needs to be to keep that in check. Ours has not been doing too well lately.
The every widening gap between the rich and the middle class (not to mention the poor) is extremely unhealthy for a civilized society.
Though I do respond to political posts such as yours here at YT , I don't start them. You should move to a discussion board intended for political discussion so you opinions can get lost in oceans of B$ where they belong.
For a partial explaination of how Enron bought their way to de-regulating the electrical energy market which allowed them to steal hundreds of millions from California rate payers in 2000 2001, which, when corrected finally by regulation lead to their downfall, and then to their defrauding their shareholders and employees see the attached link.
And the point you made the other day about having to repeal the mark to market requirements for investment banks - good idea. Basically lets let the investment banks tell their shareholders that hey ...., we have these groups of mortgage backed securities that no one wants, but we just know they will be worth something again someday so, lets just assume they are worth like what - 99 cents on the dollar.
Actually I heard they may just be allowed to do that - and just in time for them to sell them to Uncle Sam. At the risk of you and Phil Gramm calling me a winer again - I can forsee that we are going to get screwed again.
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