Reform is dying just as expected.

The glory days of America is over.

I want to be wrong to say the followings.
Banks steal from customers.
TBTF(TooBIgToFail)s suck up nation's tax dollars to make up their tiny losses.
Politicians collect money from TBTFs and the likes they helped bailed out.
Reform bills are stripped and watered down by concerted efforts of corrupted members of congress and industry lobbists.

Wherever you look, no accountability can be found in the nation's governing systems.
And timid Americans seem to think it is just the way it is and nothing can be changed or done.

What a pathetic state of America.
People around the world think this is the case.
A concerned Canadian wrote in a blog as below.

Concerned Canadian Says:

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As a non American watching from over the Canadian border, it is beyond my comprehension why the American population is not beside itself with rage over the pain Wall Street has visited upon your great nation.
You had a revolution over a tea tax yet now you stand back and let your government funnel hundreds of billions of dollars to irresponsible financial service institutions.
Counter parties to the AIG credit default swap debacle get 100 cents on the dollar out of your pockets while the ranks of the unemployed swell, manufacturing labor contracts are renegotiated, homes continue to foreclose and pensions shrink or disappear.
It is as if you have some perverse form of socialism where profits are private but pain is public.
You are sacrificing your 200 year old experiment in democracy to a wealthy oligarchy that makes no real contribution to the economy. At least back in days of Rockefeller, DuPont, Ford, Carnegie and Stanford, the wealthy and powerful actually produced something of value.
Wall Street’s lobby is clearly back at work on capital hill making sure nothing really changes and their legal right to ravage the nation for their personal gain remains unabated.
Wake up please! For your own sake and for all of us.
October 21st, 2009 at 5:34 pm