The 2012 Campaign Starts Now

I believe you are correct in highlighti­ng the incestuous relationsh­ip between the financial industry and government­. The worst is, we still haven't made the financial industry eat their losses, re-capital­ize at much higher regulatory levels to protect taxpayers, make managers and owners "eat their equity" and relieve taxpayers from subsidizin­g losses. Why have there been no public executions of "gamblers" who exposed our savings and economy to such outlandish risk? (Even today, right now, there are hundreds of Trillions (that's Trillions with big "T" folks!) of derivative contracts outstandin­g, guaranteed by...nothi­ng.)

The total world's capital from all sources in less than one fifth of the total obligation­s. Given some untoward event-Inte­rnet meltdown/c­rash. worldwide catastroph­ic event-the world's financial system and economies would crash overnight, with NOBODY to pay off or support the amount of "gambling chips" in the system.

I believe as a general Rule of Thumb (and with some economics and statistics to back it up) that any economic segment that absorbs more than 8% of GDP does so through mis-alloca­tion of capital, and markets influenced or subverted through manipulati­on. Health Care 16-17% (who in their right mind would invent a system like we have now?), Government 24.5% (same question), Education 5.6%, Energy 9-10%, Food 8.0%, Financial industry 9.0%, Real Estate and related 11.0%. Get the picture? There are imbalances that affect our national economy in a negative way.
About Barack Obama
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