On Mon, Sep 22, 2008 at 11:41 AM, William wrote: > people involved? profit motive? You're talking about an industry that > rewards CEOs will multi-million dollar deals for *leaving* the fucking > company. While the layoffs and cost-cutting leaves thousands of people > out of jobs.
It burns my ass, too, and I've know from personal experience, but none of that is of consequence compared to the risk to the entire economy if we can't get the credit markets moving again. We could see double-digit unemployment in very short order, and that is something no one wants. > Sorry, I don't trust those motherfuckers. And I don't trust that > government, without serious oversight imposed will be able to solve > the problem either. I agree, there should be independent oversight and review. That's easy enough to put in place. Treasury can play a role. Congress can play a role. And the RTC, or whatever they will call it, will have its own independent board as well, so that's three separate groups all watching the till. Bottom line- we are in a mess created by the credit market seizure, and we have to get out of it as soon as possible, or the shit is really going to hit the fan. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:270433 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
