Where are the Tories taking the country?

In the 2008/09/10 economic meltdown, the boogieman under the bed and the thing that we knew but did not talk about, was derivatives. It is estimated that there are $2 trillion (that is TRILLION) in derivatives that have been ignored by Wall Street, Bay Street and governments and those derivatives are going to come back to bit our collective butts.

And let's not be too smug about this, our Canadian banks are just as exposed to the toxic derivatives as any one else.

So what does the collected brain trust on Parliament Hill do about it?

They propose that derivatives should be sold on the open market just like IBM or Apple. That was they can spread out the pain when derivatives get called?

This is LUNACY!!!!!