Hundreds of thousands have been raped as a weapon of war, estimates put the number of refugees and displaced persons as a result of a series of wars in the region at over 5 million, genocide and even cannibalism have been the order of the day, and peace is not yet in sight.
...with my political statements or my choice to write about politics (about once a year or so) on this blog, the conversation is happening on this post. Feel free to agree, disagree, or completely ignore anything I say, as long as you keep it civil and polite. Love and respect to you all...
Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it. Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages. At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees. Nobody wants to be left out of Treasury’s proposal to buy up bad assets of financial institutions... ...Other firms hope to be hired to manage the assets that Treasury acquires, a job that could earn them $1 billion a year, even if they charged fees that were modest by industry standards. Among them are the asset management companies Pimco and BlackRock.Morgan Stanley, the investment bank, is also vying for the work.
Today, I contacted my Congressman and both Senators via phone and email. I've never done that before. What is wrong with me? :)