How a 'perfect storm' led to the economic crisis

[classicman]

In addition, where was the oversight? Why has Congress been so lax in their duty to the American people?

People are addicted to "stuff."

Agree wholeheartedly

For the first time, we have elected someone President who seems to get it.

They are also colluding to stop labor unions from being formed by working people so they can demand fair pay.

Not so sure about these two statements though.
First off I believed that Obama got it too - till the breakdowns of his proposed "stimulus plan" came out. I now have more doubts.

Colluding to prevent the mighty labor unions and their lobbyists from getting ridiculous contracts that make America less attractive in the world markets? Is that what you mean?

[sugarpop]

Originally Posted by classicman

Agree wholeheartedly

Not so sure about these two statements though.
First off I believed that Obama got it too - till the breakdowns of his proposed "stimulus plan" came out. I now have more doubts.

I have some doubts about the plan as well. I thought the whole thing was going to be about infrastructure and green technology, and maybe getting the medical records on a centralized computer system. But today I read a couple of articles that made me feel better about it. Here are links. http://www.nytimes.com/cfr/world/slot3_20090126.html. http://economix.blogs.nytimes.com/20...mulus-package/

Colluding to prevent the mighty labor unions and their lobbyists from getting ridiculous contracts that make America less attractive in the world markets? Is that what you mean?

What I mean is getting workers decent wages and working conditions, and a way to bargain with corporations when they have disputes. What I am talking about is giving some power back to the workforce. I could give a damn about lobbyists or CEOs or executives because I think they are all paid WAY too much. I think they should all be shot. (not really, but I think lobbyists are bad for the American people, but good for rich corporations.) And while the people who control labor unions might not be much better, actual unions ARE good for workers.

I'm not sure what you mean by "ridiculous contracts." If they are too high then it's because the people at the top are being paid too much.