Another Example of The Financial Elites Arrogance – Two more examples as to why the public is fearful, suspicious and can’t trust the financial service industry elites and their regulatory and political buddies and you shouldn’t either!

I. Then you’ve got the arrogant politicians “watching out for the good of the public” who permitted, encouraged and fostered the big government sub-prime loan pyramid scheme with their favorite Wall Street elites in charge of Fannie Mae and Freddie Mac who doled out large political contributions to Barney Frank, Chris Dodd and other politicians who had oversight of these two agencies but who continually defended their anything-goes lending and resisted, rejected and belittled all efforts to reform them.

II. Just follow the money from TARP – the very group composed of the above examples (see last 5 blogs posted) that created this global, unprecedented financial meltdown are the very beneficiaries of zillions of dollars while you and other taxpayers are left holding the bag!