Where We Go from Here: Best and Worst Cases [View article]
Mr. Hui's reference to the German reunification was interesting: but unfortunately, the America of 2008 is not the USA of 1990. In every way, this country has become less like West and more like pre 1990 East Germany - a nation of diminishing freedoms and more a nation of feel-good slogans and ever growing fear to speak out. We are funding our aging, everyone wins, no child left behind, shopping mall civilization by placing an impossible burden on our children. How will our nation's debt be absorbed? Bankruptcy? Hyperinflation?
This Wall Street crisis will pass without too much disruption but one day our country's PSDs (Ponzi Scheme Derivitives) will come due - then, when the music stops there will be more than a few people without a chair to sit in.
Paulson and Bernanke: A Conspiracy of Dunces [View article]
Dunces? How can they be dunces when they have been right on everything they have said for the past year. Haven't they? Besides, this crisis just snuck up on the world last week. I am ashamed of my selfish generation and the burdens we have laid on the future. Another $700B? What does it matter when someone else will pay for it.
Where We Go from Here: Best and Worst Cases [View article]
This Wall Street crisis will pass without too much disruption but one day our country's PSDs (Ponzi Scheme Derivitives) will come due - then, when the music stops there will be more than a few people without a chair to sit in.
Paulson and Bernanke: A Conspiracy of Dunces [View article]