I don't like the premise of the whole thing, nor some of the specific details, but there was no time to get the right content.
I'll say it once again: this credit "crisis" is one of a lack of confidence on several levels, brought about mainly by the constant drumbeat of the Doom-and-Gloomers. Specifically, it made those who had money for commercial lending fearful of making it available to those who deserved it.
The only case that can be made for government intervention was in the case of Freddie and Fannie. Most of the rest of the incompetents/criminals should have been allowed to drown.
In addition, we need to hold the Democrats and their minions responsible for fueling this mess in the first place.
Unfortunately the deal is done, or is it? Will Soros and the rest of the billionaire hedge fund boys and 527 boys let this thing come to rest until they are assured of their empty suited, sock puppet, Obama's election?
ReplyDeleteJust how far are they willing to go to achieve the power they crave?