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What Caused the Financial Meltdown?
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<blockquote data-quote="UPS Lifer" data-source="post: 406224" data-attributes="member: 9789"><p>We lost over $1 trillion today. </p><p></p><p>We need a better bill. As long as this bill didn't pass they need to regurgitate it and make it better. If Wall St can't hang on a few more days - OH WELL! </p><p></p><p>Let's get a better piece of legislation than what was presented to the Congress and get it passed. Main St is Wall St and we need to take care of Main St first - free up the credit and punish the management teams and CEO and Boards of these financial institutions who got us into this mess. As far as I am concerned they can rot in jail! </p><p></p><p>I am actually amazed that there are Congress men and women that actually listened to their constituents and voted against this. </p><p></p><p>The Democrats are blaming the Republicans but 12 Democrats on Barney Franks committee which he chairs (House Financial Services Committee) did not vote for the bill!!!! ...and he has the GAUL to call out the Republicans. I want to throw up!</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 406224, member: 9789"] We lost over $1 trillion today. We need a better bill. As long as this bill didn't pass they need to regurgitate it and make it better. If Wall St can't hang on a few more days - OH WELL! Let's get a better piece of legislation than what was presented to the Congress and get it passed. Main St is Wall St and we need to take care of Main St first - free up the credit and punish the management teams and CEO and Boards of these financial institutions who got us into this mess. As far as I am concerned they can rot in jail! I am actually amazed that there are Congress men and women that actually listened to their constituents and voted against this. The Democrats are blaming the Republicans but 12 Democrats on Barney Franks committee which he chairs (House Financial Services Committee) did not vote for the bill!!!! ...and he has the GAUL to call out the Republicans. I want to throw up! [/QUOTE]
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What Caused the Financial Meltdown?
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