Eight years of unregulated and unmonitored Wall Street has led this country to the brink of total economic collapse.  Although I worry very much about our country leaning closer to socialism, the experts all agree that the action suggested last week by the President, Congress and the FED was necessary.

How did we get into this shape?  Very simply, greed.  The short sellers have no concern about what their actions did to this country’s economy.  The short sellers had everything to gain as the stock market fell in free-fall.  Gone unchecked, we would have lost our savings and our 401k’S as well as many other investments.

Your comments are always welcome.

This entry was posted on Monday, September 22nd, 2008 at 2:56 pm and is filed under The Quork Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.