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Do we produce crooks?

December 25, 2008
By BOB WHITED

At present, our manufacturing jobs have mostly been shipped to other countries. Our last hope, the auto industry, due to our economic recession and credit crunch, has also received a death threat in the form of bankruptcy. Now billions of dollars in the form of bailouts to the banking industry and Wall Street have been virtually tossed to the wind by our Treasury Department. Hopefully, we will see good results on these bailouts. Home foreclosures are in the millions. From the brightest economists, warnings were given but ignored. Those persons involved big time in contributing to the current crisis never got so much as a slap on the wrist, let alone charges brought against them. Why?

 
 
 

 

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