Why Wall Street’s problem is also Main Street’s

I still believe it’s criminal that the American public should be held responsible to pay for the misdeeds of these corporate fat cats and their personal bailouts, especially when, along with our elected politicians, they hold us in contempt for not playing along in their schemes.

But, today I read the New York Times article entitled: Lesson From a Crisis: When Trust Vanishes, Worry, which covers an interview with someone that I actually trust, Frederic Mishkin, recently a former Federal Reserve board member.

Mr. Mishkin tells a good personal story which highlights what could happen with our economy without the bailout. I don’t believe most of what I hear from the government and their corporate cronies, but I do believe Mr. Mishkin when he says we are facing a national crisis and that we must extend Wall Street a helping hand. I trust his opinion.

Like I’ve said on previous occasions, the bailout’s already a done deal, but I’m still going to email my sorry-ass elected officials to ask them to vote for the new and improved bailout.

I just hope one day justice will be served.