The problem that all developed countries are running into is that in the USA we were created to be a representative democracy where if a business man failed in his ventures, he failed and was left with his shirt, trousers, and ability to go back to work and start over. Now, that happens to a degree for the common American, IF he can find a job. It is not true of the CEO, the banker, the politician in the USA. If they fail due to bad business practices, the Congress hands them common tax payer money to keep them from going belly up, which is the American way. The USA and the developed world would have been much better off IF the Congress had allowed those businesses and banks that are "too big to allow to fail", to fail. They should have gone belly up and their CEOs and CFOs should have had to tap into their own bank accounts to save them, not the people of the USA's bank accounts.
In the USA, once the Congress gave the international bankers on Wall Street tax payer bailout money, the bankers, in appreciation, gave themselves all massive bonuses into their personal bank accounts in the Caymans and Switzerland. They have no interst bailout money with no repayment schedule courtesy of the Congress of the USA on the backs of the common Americans. Some banks have never begun to pay back the "loans" and appears do not intend to pay back the "loans" from the American people. The 2% of the wealthiest Americans think that their ill-gotten money is going to insulate them from the anger of the rest of America. I suppose to an extent it will, because Americans eligible to vote do not. Because Americans are a forgiving people. Because Americans have become too lazy to go out and vote for somebody instead of the Party candidates. Because Americans have become impotent in politics. Because Americans that want to work are not allowed to work because illegals will do it for less and American business would rather hire illegals for cash under the table than support our own countrymen and our own economy on "main street". Because some Americans are too proud to flip hamburgers at Micky Ds to support their families in tuff times. Because those willing to work have lost hope and become apathetic. And, because Uncle Sugar has been slowly weening Americans off of working for a living and slowly turning the USA into a society of socialists consumer entitled people, instead of a society of working industrialist and farmers. We Americans have been slowly brain-washed into believing that we are entitled. We have been brain-washed over time to believe that we do not have to sweat and toil to get what we have. If we are out of work, Uncle Sugar will take care of us. We don't have to take a job out of our chosen field. We don't have to work for 2/3s of our former salary because Uncle Sugar will pay us that to NOT work. We don't have to grow food on our farms, Uncle Sugar will let us NOT grow food for CLP payments.
Hey folks, Uncle Sugar is bankrupt. Uncle Sugar has borrowed more money than Uncle Sugar can pay just the interest on. It is time for Americans to go back to work. Not willing to work=no food, no housing, no clothes, no ipods, no computers, no big screen TVs, no Xbox 360s, no $200 air jordans.
It is time to demand that members of Congress start representing the people and demand that Wall Street pay back the American people with interest or Congress will move to freeze and confiscate individual CEO, CFO, board member's bank accounts. Think it cannot happen? Try owing the IRS money. They can and will do it to common Americans, so they CAN do it to the leaches in our top 2% of wealth. It is time to start demanding the Congress make a fair tax system that taxes companies that take their industrial jobs to countries that pay pennies to virtual slave labor and children laborers. You want American wealth? Start bringing American jobs back to America. But no, Americans have become too lazy, too apathetic to demand such things. We will all go to the polls this election year and re-elect the same R&D Bozos into the US Congress and State Legislatures and expect different results.
What is the definition of insanity again?
(climbing down off my soapbox and back into my straight jacket)