Monday, February 23, 2009

Throw the bums out

I was talking to my Dad earlier tonight, expressing my sense that maybe temporarily nationalizing insolvent banks may be in the best interests of the country, and said that the current management of those banks should be fired. Now!

They had a big role in getting us into this mess. Time for them to get out of the way because I've lost trust in them. Apparently a lot of Americans agree:

Thirty percent of those questioned said they're confident Wall Street will make the right decisions to help the country overcome the current recession. Slightly fewer -- 28 percent -- said they had such confidence in bankers and financial executives. And 26 percent said they're confident that auto executives will make the right economic decisions.

But 53 percent of those questioned said they have confidence in Republicans in Congress making the right calls regarding the economy. About 66 percent said they have confidence Democrats, who control Congress, will make the right economic decisions. And 75 percent said they think President Barack Obama will make the right moves when it comes dealing with the recession.

"You know times are tough when Republicans have more confidence in a Democratic president than they do in bankers or Wall Street investors, but that's what the poll is showing now," said CNN Polling Director Keating Holland. "Among Republicans, 37 percent say they are confident in Obama's ability to make the right economic decisions, but only 31 percent of Republicans feel that way about Wall Street."

After all, if I can recognize a scam when I see one, how is that Citigroup was stupid enough to be duped by a Nigerian who got them to wire him $27 million?!?!

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