moonbat1775

Eight Thoughts on the Current Crisis

"Isn’t everything perverse in the bust phase, just as everything is virtuous in the boom phase?"

Peter was robbed during the boom phase via fractional reserve lending and will be thrown out of work during the bust.

But hey, Pete will have a nice ipod to listen to in the unemployment line courtesy of the "forced investment" made on his behalf with the money stolen from him.

Ditto to what Smarty said