Tuesday, September 30, 2008

It was just a matter of time but I'm starting to see attempts to place blame for this financial crisis. "It was the Democrats fault! It goes back to Clinton." Nice try. No one has clean hands in this debacle.

It's about the money, stupid. If this mess doesn't prove anymore than one thing it's that our political system has corrupted our financial system. The donor dollars that have bankrolled, funded, bought and sold our representation in government is ultimately the culprit to this cascading time bomb. Any regulatory checks that might have been in place have long been displaced thanks to their convenient removal ala campaign donations and lobbying in the name of free speech.

Paul Krugman wrote, "we’ve become a banana republic with nukes." I hope he's wrong.

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