Now what a surprise! Every darn week we have another business involved in scandals that have ripped people off of their retirement money and savings and the Fed’s wionder why people aren’t putting money into accounts.
AH duh wake up!
Okay, so we’re all better off if Merrill Lynch failed outright? The problem with the recovery – one of many, no doubt – is that despite the fact that we’re experiencing the biggest international economic crash since the Great Depression, there are still folks out there who are insisting that THEY won’t have to take any losses. This insistence on dividing the world into absolute winners and losers is going to create a major drag on the recovery for a long, long time.
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Now what a surprise! Every darn week we have another business involved in scandals that have ripped people off of their retirement money and savings and the Fed’s wionder why people aren’t putting money into accounts.
AH duh wake up!
Okay, so we’re all better off if Merrill Lynch failed outright? The problem with the recovery – one of many, no doubt – is that despite the fact that we’re experiencing the biggest international economic crash since the Great Depression, there are still folks out there who are insisting that THEY won’t have to take any losses. This insistence on dividing the world into absolute winners and losers is going to create a major drag on the recovery for a long, long time.