Correspondent: Congress Should be Fiscally Punished, Too

Here’s the old blame the gov’t routine again….blah blah blah.
oh it couldn’t have been those greedy bast__rds in the Financial industry…they are just victims of an overreaching socialist gov’t….cut me a break… this arguement is getting so old.  It’s time we realized there are two monsters in the room. Big Gov’t and Big Business.  I don’t mind blaming Gov’t for their part in the housing crisis…but the buck doesn’t stop there sorry.  These banks took the risks, they knew the risks, they direguarded the risks, the sold loans they knews were bad, the made lots of money of this crisis, they have taken very little of the responsibility.
Has anyone reading this article heard of any remorse for the Financial Industry? Has anyone heard of any Bank that WILLINGLY cut their pay of the their employees so they might be more fiscally responsibile with tax payer money? Let’s face it, these Banks had ALL FAILED , the Gov’t resurected them , not so they the CEO’s would have jobs, but so that our whole economy wouldn’t collapse.  Has any of the Banks said they are sorry for all the trouble and grateful for the Government’s help?
I have heard any. They are just as brash and ego centric,  elite and hi-paid as ever. They have all you folk on the right hypnotized with “free markets and captialism” while they rig the system and steal your money in new and uncharted ways.
Well there are a few less hi-paid execs thanks to the Pay Czar.  Lot of good that will do though, they all will get their compensation delayed through stock options and other tricks the financial industry is so good at.  The monster is still on the loose, he is just tangled up a little at the moment, just waiting for the “free market” so he can go on his next hunting spree….guard your wallet…even if you have no money in there. Thanks Banks, we all love you so much.

“Who voted us into trillion-dollar deficits?“...Perhaps the writer was among the minority of voters who chose Junior Bush and got him in the White House.  Per our Congressional Budget Office, those tax cuts for Junior’s base, the rich, cost our Treasury over $2 trillion in revenue.

“Who allowed Social Security and Medicare to go broke?“...The GOP who constantly supports enriching the wealthiest and expanding further the gap between their base and rest of Americans.  Adjustments in the revenue make-up of SocSec and Medicare, along with banning robbing the SocSec fund for other purposes would solve that issue.

“Who passed laws forcing banks to lend money to people who couldn’t repay it?”...Nobody.  Banks were not “forced” to make bad credit loans.  Junior Bush in May, 2002, http://www.youtube.com/watch?v=kNqQx7sjoS8, and Oct 2002, http://www.youtube.com/watch?v=eW9viaJatpo, did encourage and support poor lending practices, a license to banks to run with greed.  Today and for years to come, we reap the consequences. 

Some of you folks chose the screw-up kid and his puppet master Cheney.  Took um few years to create this mess of a crisis.  Not only did you screw-up in 2000, but lo and behold, did it again in Nov 2004.  A heck-of-a-job. 

Don’t remind us of the “Who”.  Too much pain.