ShopTRD.com Blog: How did we get here?

The past few days, I've been listening to the news and talk radio about the economic crisis that we are all trying to navigate through and ran across this video that really makes you think. Like so many things, it looks like there were many key indicators showing we had a problem long before we, the tax payers, were essentially asked for $3,400/ea (including children) to cover a ONE TRILLION DOLLAR Bail-Out package.

An aside... the whole "bailout package" in my opinion is not only STUPID and a band-aid for a MUCH larger problem, but a highly corrupt deal. The number of earmarks in this stuff has to be extreme... everyone is rushing to get this passed... why... because they don't want people to understand how bad of a deal it is (kinda' like the $300 billion they already wasted on Fannie & Freddie and ear marked MASSIVE amounts of money for liberal pet groups). I believe, though still painful, an FDIC-type insurance package for the sub-prime loans is a MUCH more reasonable option (with an estimated cost of $30-$35 BILLION, or $100/ea). I say after we get this "crisis" under control, we need to start throwing people in jail.

I sure hope the American people realize (helped by this video) that we do not need to trust those who burnt the Thanksgiving Day Turkey with cooking the Christmas Ham.