Where is this country going?

New York Magazine reports: "Busload of Crazies to Tour Homes of AIG Executives this Weekend." It says,

The Connecticut Working Families Party this weekend has organized a bus
store that will make stops at Wilton, Connecticut, AIG office as well as the
security-patrolled homes of AIG execs who are fearing for their lives.

Rep. Barney Frank was demanding the addresses of the AIG executives to be released to the public. Now we have hordes of people descending on their homes. Little wonder that they are fearful for their lives and the lives of their families.

Where is this country going? Jon Green, the director of the Connecticut Working Families Party says that he wants people to have "an opportunity to see what kinds of lifestyle billions of dollars in credit-default swaps can buy."

Mr. Green, have you thought about what led to the creation of the credit-default swaps and why they ultimately became toxic? Do you think AIG executives created the concept for no reason and then torpedoed them to destroy their company? They were created in an attempt to deal with the high degree of risk created by subprime lending required by the Clinton administration, Barney Frank, Chris Dodd, et al.

The financial industry would never have made the subprime loans. That reality led to the regulations that required the loans. AIG and others traded the credit-default instruments in an attempt to protect against defaults on the loans. Perhaps the industry should have simply said "no" to the Democrats and refused to make the subprime loans.