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Showing posts with label Financial Crisis Inquiry Commission. Show all posts
Showing posts with label Financial Crisis Inquiry Commission. Show all posts

Saturday, January 16, 2010

Do you know who Phil Angelides is?

If you don't, you'd better learn.

Do you know what the Financial Crisis Inquiry Commission is? (Hopefully it's self-explanatory).

The thing is, this commission has started meeting already. They began this week.

Mr. Angelides heads up the commission.

They're looking into the banking/mortagae/loan/investment nightmare that led us down the path to a near collapse of our economic system, both here in the US and around the world.

And I'll tell you, this is going to go on for some time and we'd better all be checking in virtually daily on this thing, to see what new revelations there are.

We need to know what happened in this crisis.

We need to know who did what.

We need to find out what was done illegally.

We need to find out what was done that should be illegal.

And we need to find out how we can avoid this greedy, stupid mess so we don't do it again.

To hell with catharsis. We need information, laws, regulations and solutions.

Ayn Rand be damned.