Let me get this straight:
Federal Regulators tonight, while you and I were eating dinner, seized control of Washington Mutual and sold it at bargain basement prices to JP Morgan Chase.
Are you people not aghast at this? The government just swooped in and seized a bank.
Is that even lawful? I am appalled.
Doesn't anyone see what unprecedented power the treasury has just granted itself????
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2 comments:
Capitalism or communism. Remind me, which one is it that doesn't work ?
Ah, the ever constant evolving marketplace. When will everyday americans rise up and refuse to be represented by the rich, rather than by ordinary citizens? 80% of congress qualifies as millionaires...and I don't believe 80% of the nation does
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