The American justice system has- for some time now- somewhat reverted to a "guilty until you prove your own innocence" mentality with us middle to lower-income people.
There is no "innocence" in the Money (Wall) Street scam going down right now.
So- as the government does the "average" American (whoever THAT is)- I think it is entirely appropriate for the Federal Government to seize all physical and monetary assets of these failed companies- as well as those same assets of their executive officials.
A number of fellow citizens I've spoken with also agree that somebody (a LOT of people) should be going to jail over this mess.
There currently is a FBI investigation of firms and bankers- but heard or read little else since.
Initiative petitions should be started recall/impeach- seize assets of- and jail any political figure who votes for Money Street bailouts over true American needs.
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