To: SeekAndFind
Is this guy frigging KIDDING me? The entire reason for the meltdown as risk wasn’t borne by the ones making the transactions - that risk was held by the federal GOVERNMENT! If companies couldn’t shift risk to the feds (e.g. Fannie Mae), they would have to weigh their risks more appropriately and conservatively. Isn’t the failure of the stimulus the ultimate proof that Keynesian economics is bullcrap?
6 posted on
11/23/2009 6:32:06 AM PST by
domenad
(In all things, in all ways, at all times, let honor guide me.)
To: domenad
“Is this guy frigging KIDDING me? The entire reason for the meltdown as risk wasn’t borne by the ones making the transactions - that risk was held by the federal GOVERNMENT! If companies couldn’t shift risk to the feds (e.g. Fannie Mae), they would have to weigh their risks more appropriately and conservatively. Isn’t the failure of the stimulus the ultimate proof that Keynesian economics is bullcrap?”
BINGO WE HAVE A WINNER.
Our elected Elite are doing it again in the health care and energy arena. Don't let them do it.
22 posted on
11/23/2009 6:51:01 AM PST by
steveab
(When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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