"Can anyone save the consumer?" by JOHN DVORAK .... LINK

[Blackhatjack]

And here lies the great divide that must be breached before there will be any real substantial change. The arrogant and condescending attitude of those who have benefitted most from the suffering of the middle and lower classes over the last eight years confirms that they will never do the right thing --unless we first hand them our tax dollars and thank them for taking them. They could care less for the great majority of Americans --just don't ask them to sacrifice anything, even if they reaped unimaginable rewards over the last 8 years.

http://www.marketwatch.com/news/story/Tech-consumers-could-use-a/story.aspx?guid=%7B1197454F%2DAABB%2D47E9%2DAE02%2D9FE1A98CD868%7D

JOHN DVORAK'S SECOND OPINION
Can anyone save the consumer?
Commentary: E.U. helps with chargers, but CNBC hurts with comments

CNBC blames victim

"Even with the current meltdown, there was a recent incident on CNBC when public blame was thrown at those hapless folks who bought into the housing boom with subprime mortgages.
They were idiots. They were losers. They deserve the worst that can happen to them.
Yuppie floor traders cheered Rick Santelli on the network Thursday as he berated the stimulus package, blaming the whole meltdown on the people who could not afford their mortgages.
This shameless grandstanding is part of the problem. If there were consumer-protection laws in place to prevent these onerous mortgages, none of this would have happened. Did anyone mention that?"

MORE