Thu

Mar
26th

A 12 Trillion Dollar Mistake

I read Dear A.I.G., I Quit! by Jake DeSantis, executive vice president of the A.I.G.'s financial products unit today and for a moment I couldn't help but to feel sorry for this powerless yet noble man.

He had little involvement in our current dilemma and yet has donated his hard earned bonus to people less fortunate then him.

Reading his words, it sounds like this collapse was caused by a few bad apples and the outrage the American public is misguided anger.

Indeed, if our anger is misguided then where should it be placed? Can we blame ourselves for our spending habits? Can we blame the mega-corporations too big to fail? Can we blame our politicians for taking lobbyists money?

Rolling Stone has given us a list of a dozen people that helped to architect this house of cards and it somehow feels short.

Even more lacking are the people in the street with pitchforks and torches.

We have to blame someone, can we let this 12 trillion dollar global economic collapse go by as an accident without a guilty party at fault?

All of this makes me think of my 10th grade drivers ed class when they taught us that there are no accidents on the road, only collisions.