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  • Will "Principles-Based" Regulation Prevent Another Subprime Crisis? - Housing Tracker [View article]
    The problem is the $500+trillion derivatives bubble that may pop at any time. This is all the fault of the Fed and other central banks and their policies of the last 20 years (at least). As the derivative bubble was inflated the central banks stood by, even encouraged it with glee. In fact in the US at least, it is the fault of congress who have the constitutional responsibility to administer and maintain a currency and system of credits. Therefor, we need to

    TakBackTheFed.com

    We need to do it NOW. Let's not sit around and wait fo the crash, open our wallets, and pay for it (not that what is in our wallets will necassarily be woth much). Let's take action now, and save our nation! Let's do so in consultation with other allied central banks.
    Apr 23 12:28 pm |Rating: 0 0 |Link to Comment
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