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Hard Rain Guest
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Xenos
Joined: 24 Jun 2009 Posts: 31 Location: Western Mass
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Posted: Wed Jan 06, 2010 1:15 pm GMT Post subject: |
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What is there to say? Barney, God bless him, is admitting that F&F are now public utilities, but if that is the case who is regulating them as such? Who is even calling for the appropriate oversight? Now we have a Wall Street owned Treasury controlling two multi-trillion dollar slush funds.
I am sure this will work out just fine... If, like Japan, we are looking at 2-3 decades to work out these debts via public debt and deflation, I don't know where to go to give my kids a chance at a decent middle-class life. Staying here in the United Serfs of America seems like and exercise in futility.
http://www.economist.com/businessfinance/displaystory.cfm?story_id=15176489[/quote] |
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admin Site Admin
Joined: 14 Jul 2005 Posts: 1826 Location: Greater Boston
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