Panday – One day historians will look back and see statism as one of humankind’s great evils. Forget what Paul Kennedy predicts about Great Powers, this kind of spending will be our ruin.

As for the present economic catastrophy, we screwed up. We screwed up as a People because once again we trusted a cabal of greed-driven private individuals to regulate themselves and run banking and finance.

Remember, in “Animal House” Flounder f**cked up just once. Since Reaganomics started, Americans have been screwed time and time again and had to pay for 7 major banking scandals and two utility dereg scandals that only enriched a small well-positioned, Ruling Elite. Our trust, like Flounders, is now shot. The “freedom-lovers” of the “free-market” are now on double secret probation….or worse as the landslide for Democrats the rapacious capitalists caused may have many that wish to veer from proper punishment and good statist solutions. Into overarching socialist solutions beyond what the present level of anger and disgust at sleazy WASP bluebloods, unethical Jewish financiers, and amoral Irish and Italian “get rich quick” Wall Street soldiers – actually demand.

It was those “freedom-lovers!!!” of banking and finance that once again, as they have since the dawn of America – ripped off the average American. We can blame the contributions of Reagan, Phil Gramm, Bush II, Barney Frank and Chris Dodd all we want – but bottom line is that from the Federalist banking crises to the Rise of Jacksonian Democracy, Free Grange Movement, TDR busting up the Banking Trusts and Robber Barons, to FDR having to clean up Wall Street to the 7 massive banking/investment scandals tied to Voodoo Economics – it has always been so.

When rich people have little incentive to be honest, and every opportunity and incentive to lie and deceive to get richer – they will take the latter course.

That is why statist control, regulation, oversight of banking parameters is as important as control over the military or
insustries subject to catastrophic impact malfunctions – like nuclear power plants, oil tankers.

The people of the USA must demand an end to special privilege of the Ruling Elites who operated the American financial system and it’s 200 million investor’s entrusted assets like it was their own personal piggy bank. That goes for greedy bastards in London and Tel Aviv and Zurich who also played the global game with equal complicity with American banker scum. That goes for Barney Frank & his cabal which tried forcing excess risk into the mortgage industry so barely employable blacks and runaway male prostitutes could get their own home.

The economic impact of the poison paper America pushed and other nations followed is a greater economic impact than not just one Chernobyl spewing it’s poisons, but a dozen or more. That is why the conservative darling, Sarkozy, has declared that banking and finance are too critical to the public good to be left as free market, in the hands of a small cabal that constantly betrays their public trust.
The head of the largest global source of capital – the China Sovereign Wealth Fund – has said that financial confidence and going forward – requires an end to “cowboy ways”. And for America to undertake major reforms in it’s financial markets and penalties on the “deceivers” if it is to again be a trusted international player in global markets.

It is all well and good to blame this or that politician. I’m all in favor of firing squads for Dick Lugar, Barney Frank, Ted Stevens, Phil Gramm, Chris Dodd, Chistopher Cox, Alan Greenspan,…as well as the worst of the unethical bastards on Wall Street.. And renaming Reagan Airport back to National in recognition of his great Dereg failure. And for limiting that clueless, reckless bastard Dubya to a double-wide trailer for his Presidential Library Monument to Himself.

And it is worth pulling as many FBI agents as necessary off other beats (even the “terrahist evildoer” bunch) to see who broke laws, and how much of the lost trillions is tucked away in the Caymans, Panama, Swiss bank accounts, Tel Aviv, and under their spouses name – and how much can be recovered for the taxpayer.