regeya

'Bailouts' Are Misunderstood

"Cost to whom?"

Cost to shareholders who lose their investment, cost to "consumers" in the form of lost jobs, cost to retail when "consumers" no longer have jobs...

This isn't rocket science. When big companies fail, there's a domino effect.

Current Market Turmoil: You Can’t Explain 'Stupid'

Ponzi Scheme, feel free to send as much of your worthless paper to me as possible!

Honestly, is it just me or do the von Mises followers sound like anti-Marxists?

Worst June Since 1930?

ArtfulDodger: 'Dumborats,' cute. I'd be interested to know what your view is of the last 30 years, given that Federal spending has dropped during Democratic Presidents' time in office, but balloons when those fiscally responsible, small-government Republicans are in power.

Both sides vote for pork. Both sides are just playing the regular politics. The Dumborats and Republitards are leading us down the path of ruin. If any of them had a bit of sense, we'd get back to working together as a nation. But since we've had our run of New McCarthyism, I doubt we'll get back together until after the collapse.