So now about two weeks later and already the stress is showing more and more. For instance, you probably saw what is being called the Rick Santelli's Tea Party. Here is the clip from CNBC:
Video - CNBC.com:
"CNBC's Rick Santelli and the traders on the floor of the CME Group express outrage over the notion they may have to pay their neighbor's mortgage, particularly if they bought far more house than they could actually afford,"And here is the same from YouTube.
That was interesting. I did not expect a populist revolution led by people NOT wanting a mortgage bailout.
Then tonight I was listening to the radio and a new song by John Rich came on. It is entitled shutting Detroit down. The basic theme is that Wall Street got itself into this mess, and Wall Street can get itself out of this mess.
What is next? Class warfare?
Incidentally, The White House taking this seriously enough that he has invited Santelli to DC to talk about things. Wow.