Treasury's Actions Not in Our Best Interest [View article]
The fed action merely validates irresponsible behavior on the part of lenders and borrowers alike. You don't cure an addict by giving him a few more bucks to fuel his addiction.
The point of a free market economy is that fiscal failure is punished by corporate death. Yet the same hands that are begging for alms now will be ranting against government interference and "creeping socialism" the moment they're held accountable to the public.
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The fed action merely validates irresponsible behavior on the part of lenders and borrowers alike. You don't cure an addict by giving him a few more bucks to fuel his addiction.
Sep 22 09:27 am
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All Comments by SingHash »Treasury's Actions Not in Our Best Interest [View article]
The point of a free market economy is that fiscal failure is punished by corporate death. Yet the same hands that are begging for alms now will be ranting against government interference and "creeping socialism" the moment they're held accountable to the public.
Disgusting.