The global meltdown was basically an financial Coup d’état by the Bankers for the Bankers.

Former and current Goldman-Sachs bigheads made the US Government to give billions of Dollars to those “poor” banks to keep the system running.

It’s amazing that still to this day only a few journalists and politicians “followed the money” and tried to find the real culprits behind the meltdown.

So far all forms of Banking Regulation in the US is pretty weak – and the Banker’s Lobbyists will make sure it stays that way.

By the way, most serious Banking Regulations have been abolished under Ronald Reagan (and later Clinton as well) – so you can thank him for that late gift.

Next bubble please …

Plus BBC News: Leaders welcome G20 action plan

It is amazing to see how all these leaders from almost all leading nations are failing. It’s not just failure. They are making things worse. They just throw more and more public money they don’t have at huge corporations without a long term plan or strings attached.

Neither the bankers nor the Auto industry have to follow any rules, pay a "price" or "change" in any way to get the money. The same people that have failed their companies, stockholders and the markets are still in command in most of these greedy enterprises.

Why not let these companies goes bankrupt and let proper bankruptcy laws and management take over and get rid of these failed companies?

Otherwise they will be back in six or twelve months asking again for more money. And these bailouts are unfair. There are companies that haven’t failed. They are punished and have to deal with hugely subsidized competitors in the future.

Neither the "free markets" work nor does the "nanny state".

And we all have to watch the all these managers and politicians fail us again and again.

There has never been so much wealth around than in our days. Today’s wealth is for more complex and eloquent than simply owning some land, some gold, slaves, a mine or a factory.

Since the 1960’s the financial markets have seen an explosion of new “products” and ways to make and most of all loose money.

Especially in the Decade of Greed (called the 1980’s) the stock broker is the new hero and villain at the same time. Getting rich quickly has gotten a new meaning when you literally can shift billions of Dollars in a split second and make a healthy profit.

But some financial “products” have become almost surreal how they work – even so called experts seem to have a harder and harder time to understand how they work. And even harder to regulate.

The Banks and the Brokers have moved far away from the most important aspect of the financial system: investment. So many “games” on the financial markets are only about the markets themselves – not about investing in companies, people, property, ideas or resources.

I don’t mind these people making fat profit – as long as they help the rest of us building healthy economies, houses, companies and production lines.

Money shouldn’t play ping pong with itself – it needs to create real assets. Virtual money can easily be lost, but a factory or a house are not that easily “lost”.

This crises is a big chance to rebuild the financial markets and force those greedy bastards to funnel their money into “proper” investments.