The Whiny 53

Dude, you need to open your eyes. You’re out of work because inadequate federal regulation enabled Wall Street financial firms to make enormous amounts of bad loans, and repackage and resell the loans in ways that obscured their true level of risk, and make bets on those loans with their clients’ money. Everyone one got sucked in (from homeowners to governments) because it was so easy to get a cheap loan. When the loans started to shit the bed, Wall Street firms began to go under and consumer and corporate faith in our economy collapsed, resulting in a massive pullback in spending that drove the economy into the biggest recession in 80 years.

The root causes of your unemployment still exist. With Greece, Spain, and Ireland still threatening to bring down the world economy because of their bad debt, we are far from being out of the woods. This has nothing to do with your work ethic or sense of honor. You, me, everyone remains at personal risk. Those motherfuckers in Congress refuse to fix the underlying problems with our financial system. That’s why people are taking to the streets.

(Source: the53)