Joe Doe

New Treasury Plan - Short Housing and Insurance

"What is it that's so darn special about banking that we're willing to bear the price of bank bailouts, regulations, etc., just to make sure we don't have a repeat of bank runs?"

This is the only sector that deals in "printed paper" with inherently no value. Image engineering is hard to come by to convince people that the paper has some 'value' sometimes in the future. A slow Ponzi scheme that keeps red tape afloat, so the bankers of tomorrow can pile up the gold and silver while trading their papers.