Posted On: October 8, 2008, 7:57 am CDT

Posted By: Dread

Agree w/all comments. We have a basic, critical, and I believe fatal problem in this country; lack of accountability at personal and public levels. Integrity, fairness, and hard work have been replaced by greed, poor judgement, short-term profit at any cost mentality. The stock market once offered small investors an opportunity to share in the legitimate growth of businesses. Now, we have a generation of entitlement to big salaries as long as they can manipulate the numbers. The master degrees from the big name schools failed us miserably but they won't suffer at all.

Did you ever notice that everytime the market tanks, it's because of "profit taking". Not by the small investor, but by the big guys with inside information. The working schmuck takes it in the backside everytime. Where were the local and federal regulators who were supposed to have oversight of these companies that got out of control? When did the financial geniuses decide that people who were rotten credit risks should get loans anyway? That's an insult to all the hard working people who EARNED GOOD CREDIT RATINGS. The problem is, nobody can do anything about it. America has become the laughing stock of the world. It's politicians are clowns. It's foreign policy is flawed. And now, it's citizens have lost a large portion of their savings because of a few. I recommend you rent the movie "Wall Street" with Michael Douglas. It was dead on in exposing the corruption of Wall Street. Problem is, nobody took notice. Shame on us.