I love the longing to implement draconian measures to sort ones house, that Scott and so many others stand behind passionately. Just burn it all down and start over,...instead of doing repairs around an otherwise solid foundation.
The most vulnerable among us are asked to give up or drastically reduce any help, advancement or betterment they've received...for the "overall good." That sacrifice, strangely enough, comes at their expense alone under the concept that they played little or no role as the primary resource that allowed the most wealthy to see their innovations, businesses...and by proxy...their lives...improve dramatically...thus, those vulnerable should be happy they receive anything at all. Damn ingrates.
It's such a sad state of affairs that the few who no longer drive society, but coerce it, are afforded this continued mantle of employment leadership, that is long past any date of relevance or truth...and under that false pretense...continue to offer their exclusion to deficit solutions as necessary for our tenuous stability to be maintained. A stability that hasn't been true for quite some time...but, the game continues.
Glass-Steagall Act http://www.pbs.org/wgbh/pages/frontline/shows/wallstreet/weill/demise.htmlIt took a well medicated village to bring us to this unfortunate time in history. I believe essentially telling Wall St that it was ok to gamble was a king pin.