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ain't no fortunate son
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Great article and great advice.
Nov 06 09:14 am
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All Comments by ain't no fortunate son »Fed Maintains the Emergency Rate While Saying 'All is Well' [View article]
"It seems the government is content to offer incentives to encourage the very same risky behavior that got us into this mess in the first place."
Well, of course, because the people offering those incentives are the same freaking fools that got is here in the first place. They are constitutionally and intellectually incapable of doing otherwise.
Anybody seen Volcker lately? He is IMHFO the only person within Obama's earshot who could possibly restore some sanity to this nightmare and he has, unfortunately, been muzzled by Summers and the crew.
Those who ignore the lessons of the past are doomed to repeat it... and all of us will pay for their arrogance.