It's too late to avert the financial catastrophe we find ourselves in, but to avoid a worse one in the near future we must regulate the banks and financial institutions. Didn't we learn anything from the S & L crisis? Apparently the Republicans in Congress learned nothing. They not only do NOT want to re-instate the Glass Steagall Act, they want to further weaken the small regulations now in place.
The Occupy Wall Street would never have happened if the Republicans, starting with Ronald Reagan, had not chipped away at regulating the banks and other industries. Yes, I am including President Clinton in with the Republicans on this disastrous path as it was on his watch that the Glass-Steagall Act was repealed.
I am really becoming angry at the stupidity of the Republican party. They have been, and are now, bent on destroying what once was a productive and well run society. They never learn - they keep on compounding the mistakes they made in the past. History and facts teach them nothing. They have repeated their mantra of "government being the problem and not the solution" so long they really believe it. They are taking their party and the country down the tubes. Idiots.
Am I mad? You betcha'. I'm mad as hell. The economic disaster we are in is affecting my children in very real ways and you know what "she who has no name" said about mama bears. I know that I should not lump a whole party into a label, but since the R's vote as a bloc it seems appropriate'