Wall Street Bankers: Domestic Terrorists?

Ever since 911 our sense of safety and security have been forever altered. Since then, like a cat in a roomful of rocking chairs, we have been looking for all of the ways that al Qaeda could wreak havoc on our cities, our citizens, and our lifestyle. Little did we expect our economy and perhaps even our way of life would face a far greater threat from sources within our own borders, within our established institutions and sanctioned business practices.

Far more damage has been done to our economic infrastructure by CDS (credit default swaps) and MBS (mortgage-backed securities) than al Qaeda and the Taliban could have ever hoped to do with their terrorist tactics.

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs. --Herbert Hoover