We have hundreds/thousands of these financial “elites” running around who created all these problems and the tax payers have bailed most of them out, but we didn’t kick the idiots out.

We are essentially flushing all this bailout money into the same financial toilet. Their is no accountability.

The financial system is a inbred cesspool with board members and ceos sitting on each others boards, no one resigning, overseeing themselves into a titanic whirlpool of fiscal sewage.

For crying out loud, Richard Fuld, the ceo who drove Lehman Brothers into the ground was on the board of the Federal Reserve Bank of New York. Our Treasury Secretary was CEO of Goldman Sachs and while there it looks like he was influential with two U.S. Securities and Exchange Commission chairmen in receiving restraint in the commission’s exercise of oversight requirements.

Boardmembers are CEOs of other companies, CEOs are board members of other companies. Credit Swaps. Poor investment decisions. Book cooking. Bailing them out gives the executives a reason to go party at exclusive resorts.

Why are we bailing this bloated mess out when the same captains of the financial industry are still driving the boats aground?

And you ask why are the people who are watching this mess panicking?

The question is why isn’t everyone?