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284 comments on Some Lessons from Bailout Month
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284 comments on Some Lessons from Bailout Month
Comments can no longer be added to this story.
| Show without comments | PDF version
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Karl Denninger is the man. Unfortunately, the Argentinization of America is proceeding right on schedule. Realistically, if you want to predict the actions of the USA federal government on any issue you simply need to look at the effect on the roughly 1200 global billionaires. This is a lot of fun for those guys so they need to push it through regardless of public opposition or the effect on the economy. This is just the beginning.
Also, Paulson is the lead guy, but a lot of "squeaky clean good guys" are out there screaming loudly for this bill-Barack Obama and Warren Buffett are just two of them.
Sold to you.