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How in the financial world did we get so screwed up?

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By Jim Rohrer

As we look at our financial mess, and the billions of our taxpayer dollars going to what we now call large banks, I can’t help trying to figure out how in the world we got here. These large institutions were on the verge of failure because they lent millions to people who didn’t have appropriate credit worthiness. So our Congress and our president gave them billions to “keep the banking system” operating. Many are continuing to pay huge salaries and bonuses with our money. What makes them think that anyone in their failed operations deserves one cent of our money?


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