Who can forget the failure of Lehman and the frantic activity to 'save' ....er, something, and do it quickly?
- Never let a good crisis go to waste.
The CURE was POISON.
The true cost of the "bailout" of the TBTF friends-of-Hank Paulson is shown in the attached chart.
- If there had been no bailout the cost would have been $3.5 trillion less.
Not shown is the additional $1.2 trillion in annual additional costs because of this bailout ...for each future year!
Yowza!!!!
Despite what Timmy G. and our moronic politicians say, near infinite debt always ends in near infinite pain. It won't be any different this time.
- You'll have to laugh through your tears. You're on the hook for it happy taxpayer!
Saturday 22 October 2011
The CURE was POISON................from Rico
From Theo Spark at 08:00
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