Deal Or No Deal

First we have a deal, then we didn't. What's going on? While we wait for the government to come up with a bail out plan, yet another financial institution has gone under. This time it is Washington Mutual, the largest savings and loans in the US. As usual, the law makers are busy pointing fingers at each other rather than coming up with a solution. I wasn't too thrill about the government bailing the financial firms with the people's hard earned money. I think people need to learn from their mistakes. You reap what you sow. But the current crisis is affecting not just the people who sow the bad seeds. I know someone who used to work for Lehman who is now unemployed. I wonder how many financial firms have to failed before the law makers will get their act together.