Reply #24: How do you know they aren't able to provide an accounting? [View All]

[kristopher]

Do you have any idea what goes into an audit of these huge industries? They are required to account for the money in their normal reporting for taxes. Do you actually think you or I would understand and be able to "hold them accountable" if they were to provide the several thousands of pages of documentation that the professional auditing companies require to evaluate the actions and decisionmakeing of these company's financial dealings?

I'm not really comfortable defending these backs because as you state, they got themselves into this mess. The thing is they got the entire nation into the mess with them. I'm saying three things 1) lots of media people are exploiting the inevitable fear and anger related to this mess to get themselves a name, 2) the bailout IS necessary if we don't want a complete collapse of out economic system and 25-30% unemployment, 3) give Obama a chance to do what he must do.

He and the new Dem majority are the keys to REAL accountability and wise use of the treasury funds. Acting like a lynch mob just serves the purpose of the Repukes.