Mr. Elected Representative, where were you?

By Randell A. Monaco
January 28, 2011


The influences that brought federal regulators to ignore clear warning signs that were obvious even to the inexperienced observer was easily recognized as unsustainable but what was the marketplace itself to do as they are rapidly seeing themselves priced out of the market?

When Wall Street is taking the complained of excessive risks, don’t we the public have the right to rely upon our elected representatives to protect that reliance in the integrity of the marketplace? I don’t accept that this finger pointing ends with regulators, absence of regulation or Wall Street bosses who need to be brought to justice and held accountable.

The entire elected government is charged with that responsibility, in real time, and I cannot accept that politicians now are going to use this as an issue to campaign upon and self promote after they played to the favors of Wall Street and Corporation including GE who invested in their re-elections.

Mr. President, do you hear me? If you continue to put your arms around the players who’ve participated and benefited, then reluctantly we must part ways. I personally will feel compelled to begin to do what is possible personally to educate those who have a right to expect and trust in you!
This is not a threat, it is a responsibility.