You have the Banking Queen and his Buddy from the State of Conn. to thank for this mess. It is they who created this mess by directing banks to make loans to persons who had no chance in hell of ever paying back the loans...all in the name social engineering.
On Feb 18 07:10 AM bosun.j wrote:
> Almost 30 years of Ronnie Ray Gun tinkle down economics coupled with > the wrongheaded belief that government is the problem have brought > the worlds economies to bankruptcy. Prima facie evidence that less > government, less regulation and unbridled greed comprise a failed > religion many refer to as capitalism.
Wednesday Outlook: Commodities, Emerging Markets [View article]
directing banks to make loans to persons who had no chance in hell of ever paying back the loans...all in the name social engineering.
On Feb 18 07:10 AM bosun.j wrote:
> Almost 30 years of Ronnie Ray Gun tinkle down economics coupled with
> the wrongheaded belief that government is the problem have brought
> the worlds economies to bankruptcy. Prima facie evidence that less
> government, less regulation and unbridled greed comprise a failed
> religion many refer to as capitalism.