Tuesday, November 18, 2008
Oh no, he didn't!! "Half of that sum, in a worse economy, simply isn't enough firepower", seriously?!!! You must be kidding me Hank!!(please, I hope you don't mind the familiarity, after all, I just gave you almost a trillion dollar of my money)! How much more of our tax money do you want to "rescue" your friends on Wall street? "More, baby, more" I bet that's your answer. After blatantly confessing your incompetence and I quote: "There is no playbook for responding to turmoil we have never faced", why should I trust you with more money? And don't get me wrong, as much deference I give you for your shrewdness regarding some economical matters (excluding the current crisis), as much disdain you'll get from me as you so openly mismanage this financial carthasis. Your Wall street friends should be held accountable for their unscrupulous deeds. Their assets should be seized and their offshore accounts frozen, then they should be prosecuted and be sent in vacation to ones of those FCIs. Thousands are seeing their retirement account shrink by the hour, some are forced to stay longer in the work force and others will just have to file for Chapter 11. And to your friend Bernanke who thinks "it will not be productive to disclose the names of the banks" that are lining up for a piece of the big pie (SERIOUSLY??!!) , I have a question: If any significant other of yours were to ask/borrow from you only $1million, wouldn't you inquire what they intend to do with the money and how and when you'll get it back? So what makes you think we, the tax payers, we, the people on main street, do not deserve the same respect? This is not about experience, PhDs and other big diplomas from Ivy League schools, it's about judgment, astute judgment and accountability.