Banking Sector: Worst Is Yet to Come [View article]
Yes, I think you are wrong...Politicians have always been just as corrupt as now. The difference is that in the past it was much easier to hide the corruption.
However, if you study history, a lot of corruption still happened.
Think about Chicago history and several other eastern cities and even Seattle, Wa. All had periods rife with scandals.
On competence, I think that hasn't changed much either but perhaps the complexity of the problems have increased.
On Oct 03 01:22 PM Mike from NYC wrote:
> Almost all former and current politicians are idiots and they appoint > idiots like themselves to run our financial sector. > > During the Depression the politicians were smarter and less corrupt > and they chose people like themselves to run the financial sector. > > > Is it any wonder our financial sector has veered more and more out > of control these past 15 years or so when Depression era regulations > were repealed and called 'Market Reform'? > > Let's face it ladies and gentlemen, with such incompetent and corrupt > politicians, both Democrat and Republicans, our country is screwed > no matter how you cut the cake. > > Am I wrong?
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Yes, I think you are wrong...Politicians have always been just
Oct 04 00:01 am
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All Comments by devassocx »Banking Sector: Worst Is Yet to Come [View article]
as corrupt as now. The difference is that in the past it was much
easier to hide the corruption.
However, if you study history, a lot of corruption still happened.
Think about Chicago history and several other eastern cities and
even Seattle, Wa. All had periods rife with scandals.
On competence, I think that hasn't changed much either but perhaps
the complexity of the problems have increased.
On Oct 03 01:22 PM Mike from NYC wrote:
> Almost all former and current politicians are idiots and they appoint
> idiots like themselves to run our financial sector.
>
> During the Depression the politicians were smarter and less corrupt
> and they chose people like themselves to run the financial sector.
>
>
> Is it any wonder our financial sector has veered more and more out
> of control these past 15 years or so when Depression era regulations
> were repealed and called 'Market Reform'?
>
> Let's face it ladies and gentlemen, with such incompetent and corrupt
> politicians, both Democrat and Republicans, our country is screwed
> no matter how you cut the cake.
>
> Am I wrong?