Wall Street Falls and our empire days are over

Fellow despairers of Bush/Palin/et.al. They are merely spokespeople of our chaotic times-- do not heap too much blame or time on them. Our true rulers are the Wall Street crowd. "Let the market rip," was their creed. And it did, for a while."Markets work; government don't," was another of their slogans.

The true villains of Wall Street's rise and fall are the Ponzi scheme alchemists who turned toxic junk mortgages into AAA rated securities. The rogues then leveraged each dollar of junk into 40-50 dollars of gold and along the way divvied up amongst themselves 50% of the profits (aside from their rather large salaries) their firms made. The leading rogues are the titans of Goldman-Sachs(Paulson, Corzine, Blankfein, Rubin, Thain), not to mention the hedge fund folks or the former masters of the universe at Lehman Bros, Merrill /Lynch, Fannie and Freddie, etc. These folks go back and forth into government and run the Treasury Department for Clinton or Bush or whoever happens to be president.

I think their freewheeling days are over for a while—our 2^nd Gilded Age (1980-2008) has just ended. Our only hope is to become a caring Scandinavian type country—our empire days are over.