NYT On Housing Crisis: 'Things Didn't Have To Get This Bad' But We Can Still 'Avert The Worst'

"We can still avert the worst."



Gone are the days when our national incentives were to strive make things better than anyone else and do it correctly the first time around.

We have finally been reduced to the realms of "it could be worse" and the minimist goal that we may "still avert the worst".

Is it any wonder that our health care "reform" went from "best" to "2nd best" to "good" to "good enough" to "hardly what was required" and ultimately "better than nothing"...when gov't cares more to cater to needs of big business than the needs people of America?

Bailout after bailout to the housing/credit industry, insurance industry, automobile industry are not proving fruitful in any instance because there was no regulation to bring the behavior of these corporate interests in line with any thing less than the Sodom and Gomorrah retelling that they have been renacting at the people's expense since prior to the great depression.

There must be a good reason for the gov't to make these tax payer provided funds readily available with no quarter drawn for the prescribed and proper use of the money, all the while insisting publicly that this will be the solution needed to restore the economy.

And a reason is becoming more and more apparent...and it is neither good, noble or proving to be of much good to anyone but the elected politicians and the industries abusing the free "surge" in their avilable capital.
Read the Article at HuffingtonPost