Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Resurrect the Resolution Trust Corp.
Wall Street Journal ^ | * SEPTEMBER 17, 2008 | NICHOLAS F. BRADY, EUGENE A. LUDWIG and PAUL A. VOLCKER

Posted on 09/19/2008 1:06:29 AM PDT by Freedom_Is_Not_Free

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-23 last
To: quack

The blood is on all their hands, Democrats and Republicans.


21 posted on 09/19/2008 4:59:23 AM PDT by trumandogz
[ Post Reply | Private Reply | To 19 | View Replies]

To: Freedom_Is_Not_Free

The danger signs have been there for all to see for years and years. Look at the accounting scandals that were uncovered a few years ago, they were cooking the books big time in order to assure they got their performance bonuses. Despite the exposure of the out and out crimes the people who were at the top collected tens-of-millions of dollars in salary and bonuses.

When these problems began to surface the Democrats in Congress went into full protection mode to make certain nothing was done about the problem.

You can add all the oversight you want, but until you learn to recognize and act on the warning signs you’re just making it more expensive to handle the problem. And you’re assuring that whatever is done, eventually, will be less effective than earlier intervention would have been.


22 posted on 09/19/2008 5:42:16 AM PDT by jwparkerjr
[ Post Reply | Private Reply | To 1 | View Replies]

To: trumandogz

Yep. And the sheeple sleep on.

God, in France they get the masses on the street when the subway stops running, but here the government vaporized trillions of taxpayer dollars and makes debt slaves of not only us but generations of our dependents and we sleep right thru it.

I’m telling you, collapse is coming sooner than later. Just as soon as the credit market gets a grasp of the implications, Treasuries will need to get bailed out because foreign investors, who supply us NOW with 2 billion a day just to keep our government running NOW, will not be buying Treasuries.

The stupidity is just amazing. When and if Joe Six Pack wakes up, the cabal in DC had better hope their gated community bulwarks are well manned because the pain will be immense.


23 posted on 09/19/2008 11:41:39 AM PDT by nicola_tesla ("Life is Tough... It's Worse When You're Stupid".... John Wayne)
[ Post Reply | Private Reply | To 20 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-23 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson