Right is right, and wrong is wrong.
It is WRONG for the US government to punish all American taxpayers for the illegality of a few private citizens and representatives. It is idiotic to say that because there is no perfect system, we should just shut up and take our lumps when those in power abuse that power to line their own pockets.
Any time that humans are involved in a system of any type, it can be corrupted. The key to saving our civilization lies in how we respond to that corruption, and how we rebuild the system when we have the chance. Bush made the decision to weaken system by bailing out the guilty parties. McCain wants to create ANOTHER government entity to monitor the markets. No one is doing what keeps this kind of thing from happening in the first place... PUNISHING THE GUILTY, and letting them fend for themselves.
First of all, your omniscient attitude displayed in this post belies the fact that your butt may have just been rescued by this step. It is not WRONG, sir, for the government to take steps to prevent millions of American citizens from losing trillions of dollars because of conditions.
The so-called “few private citizens and representatives” that you refer to are likely those who voted to alter some of the regulations, to the great delight of most of the public and 98 of the senators who voted on it at the time. There was a consensus that we were over-regulated and the world economy demanded we get more competetive. Guys like you were screaming, “Why are the illegal restrictions of this government stopping my freedom???” So, they relaxed the rules.
As happens, some took over-advantage and the pendulum has swung. But, ride the wave we did. And you benefitted. So, you were just as culpable as your bad guys. Grow up. This is not about “corruption”, but you sound like a silly little boy laying on your back kicking your heels. The stock market is recovering and salvaging your investmensts, so be grateful and put away the “I shouldn’t be punished for Jimmy stealing the twinkie”.
The world is complex and difficult. Let’s tear out all the wires from the space shuttle because they are just too hard for you to understand. Please. You have no idea what you are ranting about.