Horiwood's Blog

Two people are blasting both wall street and America’s banks for not learning from the financial crises.

The first is Barack Obama who says Wall Street is unrepentant, in the wake of the US and global economic crises and are still demonstrating the same behaviors of risky investment strategies that remain overhyped and not following safer guidelines which it must do in these times. New and better ways of financial governance are needed. At least, a tone that is sober and one of safety  is needed for America’s financial leaders to navigate the nation through this crises.

Question: has anyone put wall street through a kind of puppy school, to reteach the Wall Street puppies any new ways of doing, being, acting? No! So what does a nation expect? Go here to read President Obama’s thoughts on the matter.

The second person to confront America’s over-dependance on financial banking system is Ariana Huffington of the Huffington Post, who says that because American banks are ‘too  big to fail’ they effectively enable a corrupt financial system to still operate. This is the same system that got America into trouble in the first place and Ariana thinks it should be challenged, confronted and changed.

Fighting words from NYC’s socialite female version of David with a slingshot (her blog The Huffington Post) on confronting a financial system that is a giant and monument of greed over the past few years in America. I love the way Ariana’s pebbles in her sling shot, are this consensus of faces who all agree with her  view. She’s very creative with other peoples expert opinions and I like that!

I applaud both Ariana Huffington and President Barack Obama for bringing these matters to our attention again today. Rock on, the both of them!

To read about the challenges facing America and other nations in the global economic crises, go here to read The World  Economic Forum’s Global Competitiveness Report for 2009. 10. It sheds light on what Obama and Huffington mean in their warning (war) cries and also accolades of  praise too, today.