Wednesday, December 17, 2008

Bad News Keeps Coming

I needed a couple "news-free" days. At a certain point last week, I thought my head would explode if I heard one more breaking news story about scandal and corruption. My question? Can this country get its' moral compass back? Ever? Most of do the "right thing" every day. Rich and powerful ... those rules are not for them? And we are all (this means the world community as well) paying the price, in many ways. And will for many, many years to come.

"'I can't wait to begin to tell my side of story, says Illinois governor". Oh, yeah, and we can't wait to hear it. Hey, Blagojevich, do the honorable thing and resign so we don't have to endure anymore of this incredibly stupid story.

And this enrages me even more ... "Gov. Rod Blagojevich prayed with several ministers in his home before heading to his office this morning, telling them he is innocent and will be vindicated "when you hear each chapter completely written," one of the pastors said."

Bernie Madoff's Mad Money. "The details are already rich and in some ways hilarious. Madoff's auditor was a tiny firm in Rockland County, which consisted of three employees: a 78-year-old living in Florida, a secretary and a 47-year-old accountant operating out of an office the size of a small bedroom. When skeptics warned the Securities and Exchange Commission about Madoff, they were repeatedly brushed off. The SEC investigated Madoff in 2005 and 2007 but came up with nothing, which tells you much about the quality of SEC investigations in these heady hedge fund years."

Inside The Madoff Mysteries

I honestly don't know how you can get away with something this big without someone noticing. Hell, if I am late with one credit card payment, I have a barrage of phone calls, nasty mail ... so please, someone explain to me how this guy can get away with secretly moving billions of dollars around and losing it without anyone knowing? Lots of foundation and charities devastated. Not to mention other world banks. Will the rest of the world ever forgive us for all of this mess?

I am trying not to listen to much news on my couple of days off.

This is how I feel about it all ... image by Chris Hays from Orlando Sentinel slide show.


S'mee said...

Oh!Just looking at that poor puppy hurts! And I'm not a dog or puppy person at all! Poor thing. But yeah, puts a photo to the feelings of us all.

B-i-l left the Border Patrol after several years of service because he felt that government agency was corrupt. Now in the FBI, he again, is feeling the tinges of corruption and "don't go there"/"this never happened" from his higher ups. He is quite disgusted with the government at this point, as are we all.

J Cosmo Newbery said...

Just when you think things can't get any worse... scary and depressing.