The Republican controlled congress under Bush bears some blame for not doing it's job of regulating the financial markets, and the greatest fault goes to former Senator Phil Gramm who put the Glass-Steagall repeal through congress which then allowed no separation of commercial and investment banking and the conflict of interest that created. The anti-regulation policies of Alan Greenspan and the failures of Bush, Paulson(Treasury) and Cox(SEC) to control the markets. The failures due to greed of Moody's and Standard and Poors to properly rate the derivitives, the executives of Lehman, and AIG and also later to Fannie and Freddie. The Bush Tax cuts on the high end coupled with the capital gains tax cuts and the flood of liquidity (printing of $) made speculation (gambling) in markets such as real estate very profitable. Thus a person who works for a dollar (wages) were taxed at a higher rate than dollars gained through trading stocks and repackaged mortgage paper. Wall Street execs get bonuses in the millions each year, they are being rewarded for destroying the savings of millions of Americans. I expect to see some of the actions of these people legally scrutinized.

The new administration says interrogation must follow the Army field guide, you are misstating their position. Why am I not surprised.

Pete Gallatin
http://www.reverbnation.com/patiopete