SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Land Shark who wrote (131694)9/25/2008 2:39:08 PM
From: Nevada9999  Read Replies (1) of 312299
 
Congressman Jim Bunning said that Greenspan described the $700 billion bailout as "chickenfeed" during congressional debates this week. I saw it on CNBC. It is in several blogs, but I can't find it in any news stories. I guess it doesn't fit the current spin.

It is too classic that Greenspan who had a history as gold advocate and Ayn Rand disciple gave the financial system a potentially fatal, chronic credit addiction. Now the addict is shaking and puking; begging for another liquidity fix and it is up to Helicopter Ben, advocate of the printing press, to get the patient through withdrawals with tight money. I'm sure everything will be fine, no need to worry.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext