W
wrightme43
Congress is increasingly becoming aware that all of these "fixes" thus far since the summer of 2007 have been nothing more than a scam and a fraud - a ripoff of the Taxpayer and Treasury in a vain and vile attempt to keep those who committed willful blindness or even fraud from having to bear the pain of their sins. The American people are becoming increasingly aware as well.
Come summer and fall there will be no political capital available to play games, either in the American public or the Congress. If Congress tries to appease the Wall Street pressure groups again, they will run the risk of having the Capitol put under siege by angry citizens demanding 535 immediate resignations - or worse.
I further believe the American Public is getting damn close to the breaking point. The tone among people I interact with daily and among what I see online and off is shifting from hope and faith to anger with each passing day, and each revelation of another 10 billion here or there that get funneled through some conduit to an offshore bank just raises the pressure another notch. The people now want blood, and I believe the minimum they will accept are thousands of indictments, prosecutions and prison sentences along with forfeiture of these men and women's fortunes. Madoff didn't satisfy, it further enraged.
The government is running a very real risk, as I have noted in the past, of being declared by the people as "the felon" instead of "the cop", and if that happens I don't want to be anywhere near the angry mob that makes that decision.
http://market-ticker.org/archives/898-The-End-Game-Approaches.html
Come summer and fall there will be no political capital available to play games, either in the American public or the Congress. If Congress tries to appease the Wall Street pressure groups again, they will run the risk of having the Capitol put under siege by angry citizens demanding 535 immediate resignations - or worse.
I further believe the American Public is getting damn close to the breaking point. The tone among people I interact with daily and among what I see online and off is shifting from hope and faith to anger with each passing day, and each revelation of another 10 billion here or there that get funneled through some conduit to an offshore bank just raises the pressure another notch. The people now want blood, and I believe the minimum they will accept are thousands of indictments, prosecutions and prison sentences along with forfeiture of these men and women's fortunes. Madoff didn't satisfy, it further enraged.
The government is running a very real risk, as I have noted in the past, of being declared by the people as "the felon" instead of "the cop", and if that happens I don't want to be anywhere near the angry mob that makes that decision.
http://market-ticker.org/archives/898-The-End-Game-Approaches.html