Bankers Grilled by Chef Congress

Last week we saw the big bankers apparently eat crow over the mistakes they made in handling the first bailout. It was a good show. It happens all the time. Congress calls for hearings, the villains are brought in and grilled, and promises of change are made. But nothing changes. The bankers went back to planning on how they were take advantage of the next trillion dollar bailout and the committee looked good for taking on the bankers. Nothing changes. Too many hands are in the pockets of the bankers. An old proverb "You don't bite the hand that feeds you." So don't expect any change and very little help for the common person from the multi-trillion dollar bailout plan.