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That is serving democracy! And democracy should serve indeed: for lobbies, powerpolitics, liars, frauds and selfish individual factions.
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And so it does! I think one of the reasons I've so angry about the whole matter is that the deal went through, tended along the way by the very political cretins that helped create it! Anyone who thinks that the finance industry wasn't pulling strings in the background on this is a fool IMO.
So, the bad guys win again and millions of taxpayers will shoulder the burden. Again.
I'm reminded of the scene in Ben Hur when the slaves on the Roman galley are told "You live to serve this ship, so row well and live". Well, as a US taxpayer and citizen, I feel more and more like a galley slave as the years, and administrations go by...