short WFC

Investment Ideas For Hard Times To Come

without tough accountability built into legislation -capitalist or (spit sideways) socialist, its very hard to prevent the legislation from being sooner or later abused and end up counterprductive. whats missing is not just the right philosophy but realism to provide strict accountability built into the laws so that whoever is charged with implementation has to make it work the way it was intended or else the blaim and severe repercussions are automatic. in other words in a good system the top management of FNM etc should have all resigned citing the impossibility of juggling subprime with safe banking