2/5/2009 4:53:12 PM
It's just a distraction
I was just at a dinner party where everyone was so excited that Obama is taking on the compensation issue but had no idea about the other, much larger, issues relating to this financial meltdown. It's what the news reports, it makes people feel better but it is such a small part of the problem. I guess ignorance is bliss - but for how much longer? When people depend on the network news for their information, they are only going to know what they are told and, unfortunately, 99% of the people fall into this group. Everyone wants to complain about the compensation at these banks but I am yet to see one person move their accounts to other institutions.