It will be a VERY good time to be in Paulson's circle of cronies if that is enacted.
It will be a VERY good time to be in Paulson's circle of cronies if that is enacted.
The government/quasi-government body most responsible for creating this mess (the Fed), is attempting a big power grab, purportedly to fix the problems it has created. The bigger the mess it creates, the more power it will attempt to grab. Over time this leads to dangerously concentrated power into the hands of those who have already proven they do not know what they are doing.