Liverdiefree

Paulson: Dracula or Uncle Sam?

A good post, MichaelZZ but, of course, impossible.

"Congress should accept most of the responsibility for creating the economic atmospheric conditions that enabled the abuse." Good one. Have you read what these goats have been saying? For almost all, the only reality is "what will get me reelected" and accepting responsibility, i.e. blame, for ANYTHING is not on their radar. Sell the necessity of pain to an electorate that perceives nothing wrong with hanging the financial tsunami of the national debt on succeeding generations? They're more likely to vote to spend a bunch on powerball tickets.

In short, any plan that does not take the multitudinous shortcomings of those serving in congress into account is a non-starter. But thanks for the post. Liver