RedRiver

New Attack Plan: Bring Back RTC on a Grand Scale

I believe that good research will show that the RTC actually made money for the US Taxpayers as bizarre and unbelievable as that may seem.

There is only one way out of this mess and that's to spend our way out regardless of inflationary woes. Not that I am for any of this but when we allow ourselves through our representatives to get boxed into a corner, it is what it is. Spend a couple of Trillion on creating a new RTC or, on an infrastructure improvement plan........ either way its going to really really hurt. We got exactly what we deserved. The "Big Brain" concept highlighted by Greenspan and Ben has always been a joke. This economy is just too complicated for anyone person to understand, plan and guide.

Hope the Chinese, Japanese and the Saudi's keep buying our paper because if they stop, its over.

As for the really rich,there is nothing preventing them from dumping their citizenship to protect their assets from us poor suckers.