The Bailouts Are Doomed - All of Them [View article]
After several such incidents, it is becoming less likely that Congress is really "befuddled" and more likely that they are active players in this sort of scam.
It is frightening how easily the public swallows the whole show with no more than a bit of grumbling. People are so short-sighted and disinterested only because the costs to them don't show up on their next monthly bill. It requires less effort to be uninformed than outraged. Every dollar stolen or misappropriated does go on our tab eventually. The People should be outraged.
The Bailouts Are Doomed - All of Them [View article]
It is frightening how easily the public swallows the whole show with no more than a bit of grumbling. People are so short-sighted and disinterested only because the costs to them don't show up on their next monthly bill. It requires less effort to be uninformed than outraged. Every dollar stolen or misappropriated does go on our tab eventually. The People should be outraged.