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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (76414)12/22/2006 10:06:41 AM
From: jimmg  Read Replies (2) of 110194
 
The fed can't print currency backed by tomo's.

<<<responsible bartenders pull the punch bowl when the customers start trying to rip the toilets off the bathroom wall.

Do we really want to live in an economy and financial markets that are regulated to protect the dumb? I'm all for free markets. If the banks loaned money to someone who can't afford to repay, let them both suffer the consequences. I don't want some bureaucrat in the middle trying to protect each side from making stupid decisions.
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