Pasadena Chamber of Commerce

$700 billion to bail out our financial markets.

Nothing to save the U.S. auto industry (at least not yet, anyway).

And how’d we get ourselves in this mess (or how’d those financial marketeers get us in this mess)?

The best explanation I’ve seen so far comes from a couple of British comedians and was taped a year ago.

http://www.brasschecktv.com/page/187.html/

And the regulators? Where were the watchdogs who were supposed to be overseeing the financial schemers?

[youtube=http://www.youtube.com/watch?v=XlasZy6KfzM&eurl]

It seems the people we trusted to maintain financial integrity were concentrating on the ball passing white shirters while they missed the gorilla in the room.

And we get the benefit of stores clinging to their existence, restaurants hoping to make it through the holiday season with enough capital to stay open into the spring, and fears of layoffs, closures and a tumbling stock market keeping people from shopping.

Paul