Taxpayer as Garbage Collector
Unless Congress acquires testicular fortitude in the next few days, the taxpayer will become garbage collector and pay the “tipping fees” for our neighbors. The current wording of the bailout has the government buying ALL distressed assets (not just securitized mortgage bundles), from ALL financial institutions (hedge funds and other wild west entities) with little [...]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
Wednesday, September 24, 2008
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