Maybe we should prohibit them from paying bills with TARP money as well, god forbid they use any of it to run their business. If we are going to prohibit them from spending money on advertising and other endeavors that have proven to provide a good ROI, we might as well just shoot them in … Read more Killing the Banks
Greenspan WAS the flaw in his free market model…because he altered free markets by lowering rates to boost the economy after the stock bubble burst. Plain and simple. Had free markets been allowed to correct after the bubble burst, we would have unwound the excess risk and leverage much sooner and with much less pain. … Read more Greenspan’s Flaw in Free Market Model
Have you noticed that Geithner’s voice cracks every time he says something he doesn’t really believe?