Thursday, October 23, 2008
Congressional Hearings: Who is to blame?
Do you have a credit card? Do you have debts? Are you still paying off your car or house? If so, you are part of a large system that borrowed itself out of the last financial crisis (in 1997). We merely postponed the pain and had record surges on stock exchanges. After record profits the pendulum swings the other way - always has, and always will? Who is to blame. Go and look in the mirror and quit fingerpointing finance ministers. We are all part of the problem, and problem is greed.