^ #150
DMV - Thanks again for sharing your thoughts. I agree with a lot of what you posted. I detest the fact that we are all left to deal with a crisis largely generated by others (moronic borrowers, crooked bankers, etc.), and the fact that the government, led by people who are, by definition crooked and beholden to everyone but the voters, is now charged with "fixing" it.
The most frustrating thing about the current mess is that people were SO STUPID (again, overextended borrowers, their complicit bankers, and the limp-wristed "regulators" of banking and finance) that righting the ship is a massive, government-led ****show, and those of us who didn't overextend will have to pay for the excesses of the few.
I have had to work for everything I have - I worked 40-50 hours a week as a telemarketer while in college - it was the only way I could afford school. I work my ass off at AIG, and because of the idiocy of one small unit of the company, my department is hamstrung by a hiring freeze, there are no bonuses for anyone, and my AIG stock is all but worthless, even though my division made over $500 million in Q4 alone.
So, I share your disgust with the current system and the recklessness that got us here. Of course there are many points on which I disagree with you, but I appreciate your perspective. Cheers.
