Congress is a group of criminal thieves. Pelosi, Reid and Boehner, along with Bernanke and Paulson are Sovietizing our financial sector.
We have learned nothing about economics in the last 95 years.
Prices are trying to fall. Bad assets need to be liquidated. Reckless and in competent investors need to be wiped out. A crash is a healing, cathartic process. None of this will be allowed to happen. The cancer will live on, fed and nurtured by "easy money" from the Fed's digital printing press. Instead, real wealth will be siphoned off from the middle class and redistributed by congressional gangsters to their criminal donors on Wall Street. And the sheeple stand by and do nothing.
The lesson of the Great Depression was cronyism and price fixing will not solve the crisis- it only deepens and prolongs it. No serious economist disputes that.
This bailout forestalls the inevitable price correction. It will not stop it It will merely change it's form into something more sinister. Political thievery has now supplanted the honesty of economic Darwinism and the elegance of spontaneous order. Welcome to National Socialism! Where are my jack boots?
In the words of George Carlin, "They won't stop until they take it all!".
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