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bighand69
The Wall Street Journal
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Comments by "bighand69" (@bighands69) on "Lehman Brothers' Last Weekend" video.
Not just Lehman but governments, other banks and states and the population as a whole.
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Esquire What you are really saying is that government interference is key to banking. Politicians use banking and the monetary system as part of their political games. It allows them to use a really big unending check book.
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Many of them were hurt as well. Many lost their jobs, homes and careers after that. One minute they are working a 70 hour week getting very well paid the next they are struggling with their mortgage and with no end in sight for them. It was the banks board, government, state and banking industry as a whole that was to blame. The people you see in that video are only mid level management they are not the real deal or decision makers. Everyone you seen in that video was in the dark as to the decisions that were being made. I know somebody who lost their job in the financial industry and never got it back again. Today their life is a complete struggle and what they had previously seems like a dream. Some would have recovered but for every one that did there is a person who did not.
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The crisis was caused by government interference in the market place.
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Your sympathy is irrelevant. Many people lost their way of life because of the crisis. Some never recovered again.
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@Alexander-vg4ss Socialism is not compatible with capitalism. It is like saying a little bit pregnant. Socialism is about complete control and ownership of everything from money, property and labour by the whole economy. That means you would not be allowed to own anything and would also be subject to the system of socialism. There is no half way in between. People confuse a social contract with socialism so you will hear people talking about fire service and police being socialism when they are nothing of the sort.
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