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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (102928)5/1/2009 2:56:19 PM
From: Skeeter Bug8 Recommendations  Read Replies (2) of 110194
 
root, not jaded, just an observer of history. i view the world as it is, not how i wish it were in a dreamy state.

case in point, bailing out bank management and bond holders at the expense of trillions in taxpayer money IS NOT good for the nation, but it is good for the bond holders and management.

iow, the public interest has been subverted to the tune of future debt enslavement.

how does that happen in your view that obama is out to serve the public interest?

i recommend you go visit argentina where their "esteemed public servants" and bankers took a thriving middle class and dumped half of them into poverty.
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