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Monday, 9 May 2011

The American Mortgage Crisis: Or Who Will Shoot The Guilty Dead

Osama was kiled ten years after his slight on the american mainland. He was shot at his private residence for a terrorist act. Well and good. A proper end to a man who promoted anarchy and fear to innocent men.

But what about the men who built up the mortgage crisis. Its been two years since the markets collapesed the States government accepted responsibility. Why has there been no guilty to be punished. The damage the mortgage crisis has done is greater than a terrosrist act. It has turned well meaning men to paupers. It has made companies and bans to close shutters, not in the States, but also in Japan, China, asia, Europe, South American and Africa. The United States is grossly responsible for creating this crisis.

And, by not being able to resurrect itself from the embers, it sis once again showing its apathy towards providing a understandable explanation for a crissis, it never provided a forewarning about. A financial crsis of this magnitude is much like a Tsunami building in the ranks. Once, it breaks into the world it becomes a full fledged crisis. Tsunamis are difficult to track, but a financial meltdown is always but always trackable. The States has failed the worl and no longer deserves respect for its previous accolades of having a great economy. It is its own undoing. The sooner it gets back to its previous state the better.

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